General Announcement::News Release: SGX Group reports continued momentum across asset classes in April

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-May-2026 17:17:55
Status
New
Announcement Sub Title
News Release: SGX Group reports continued momentum across asset classes in April
Announcement Reference
SG260513OTHRT1BH
Submitted By (Co./ Ind. Name)
Chin May Nah
Designation
Executive Director, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
SGX Group (Singapore Exchange) today reported steady trading volumes in April following robust performance in March, driven by strong retail participation in small- and mid-cap stocks and growing open interest (OI) in key derivatives across multiple asset classes.

Securities market turnover value rose 6% year-on-year (y-o-y) to S$43.2 billion, while securities daily average value (SDAV) climbed 6% y-o-y to S$2.1 billion. Derivatives traded volume gained 1% y-o-y to 30.2 million contracts, with derivatives daily average volume (DAV) increasing slightly to about 1.5 million contracts.

Key highlights:

- Small- and mid-cap stocks outperform: SDAV of small- and mid-caps grew 8% month-on-month (m-o-m), accounting for the highest proportion of cash equities turnover since July 2021, supported by 20% m-o-m increase in retail turnover of this segment. Institutions net-purchased small- and mid-cap stocks for a fourth consecutive month, adding S$158 million to take the 12-month tally to S$700 million. Overall, the benchmark Straits Times Index (STI) advanced 0.6% m-o-m to 4,912.69, while the iEdge Singapore Next 50 Index (Market Capitalisation-weighted) rose 6.1% m-o-m.

- Growth in ETF AUM: Assets under management (AUM) across exchange-traded funds (ETF) surpassed S$20 billion at the end of April, up 5% m-o-m and a significant 45% y-o-y climb. The SPDR Straits Times Index ETF crossed S$3 billion in AUM on the back of S$79 million in monthly inflows, positioning it as Singapore's biggest equity ETF, while gold ETFs recorded a 23rd consecutive month of gains with April inflows of S$174 million.

- Capital-raising activity accelerates: SGX Stock Exchange on 23 April welcomed Kin Global Limited, Singapore's largest sports events management company and a curator of global sports events, to Catalist. During the month, three Catalist companies - Aspial Lifestyle Ltd., Choo Chiang Holdings Ltd. and MoneyMax Financial Services Ltd. - announced transfers to Mainboard, effective in May. Secondary placements raised S$1.75 billion, doubling the year-to-date (YTD) tally to S$3.13 billion.

- Hyperliquid benchmark for China equities: Following heightened global uncertainty in March, April saw sustained recovery in OI for the bellwether SGX FTSE China A50 Index Futures - the world's most liquid international futures for round-the-clock Chinese equity risk management. OI increased to 911,612 lots (US$14.2 billion in notional value), up 11% m-o-m. DAV was resilient at 431,811 lots (US$6.6 billion), reinforcing the contract's relevance for portfolio risk management during periods of heightened volatility.

- Strong momentum in FX futures: Market participants continued to lean on SGX Derivatives to hedge amid elevated foreign exchange (FX) volatility, sustaining momentum in listed FX futures following the records of March. All key futures contracts were actively traded in April, with SGX INR/USD FX Futures DAV at US$4.3 billion in notional value and daily average OI reaching US$6.2 billion. SGX USD/CNH FX Futures, the world's most widely traded international renminbi futures, maintained robust liquidity with DAV of US$26 billion. Meanwhile, SGX KRW/USD FX Futures recorded DAV of US$559 million, with the overnight session accounting for 56% of total traded volume - underscoring the contract's global appeal for managing Korean risk assets.

- OTC FX ecosystem strengthens: During the month, SGX FX and Rand Merchant Bank entered into a strategic partnership to broaden liquidity access and enhance the distribution of African currencies to global participants. The collaboration streamlined access to pricing and execution across a wide range of African currencies on both a deliverable and non-deliverable basis, further extending SGX FX's role as a bridge between regional markets and the global FX community. SGX FX also welcomed Lloyds as a liquidity provider, strengthening the depth and diversity of pricing available to institutional FX participants.

- Risk management across commodities drives OI growth: Steady trading activity brought YTD OI across commodity derivatives to 4.1 million lots, up 30% from the January-to-April period last year. Hedging of geopolitical uncertainties and disruptions in the global commodity-supply chain remained a focus. The unique SGX Commodities offering enables market participants to risk-manage both cargo and freight on a single liquid and capital-efficient platform.

The full market statistics report can be found here (https://www.sgx.com/research-education/historical-data/market-statistics).

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