Singapore Exchange reached 52 week high yesterday! Is It Time To Buy?

🌟🌟🌟The Singapore Exchange $SGX(S68.SI)$  hit a 52 week high on Tuesday trading to SGD 14.04.  This is due to favourable market catalysts and improved sentiment.

Here are some key drivers behind the upward momentum :

New Listings and Strong Debuts:  One major catalyst is the successful debut and IPOs of new listings on the SGX.  A good example is the Automotive Group Vin's Holdings $Vins Holdings(VIN.SI)$ which made its first public appearance on April 15, garnering significant buying interest and serving as a Bullish signal for the broader Singapore market.  Such new listings not only bring in fresh liquidity but also reinvigorate market confidence by showcasing the appeal of SGX as a dynamic marketplace for quality firms.

Sector Specific Strength and Resilient Fundamentals :  In addition to new listings, certain sectors have been performing well.  Market commentary has pointed out that some sectors such as data centres, are seen as relatively sheltered from the adverse effects of reciprocal tariffs.  This resilience has provided investors with more confidence in the stability of SGX listed companies and SReits, even as global trade tensions cause volatility elsewhere.

Broad Market Stabilisation : Broader market sentiment in the region has improved with Asian stocks beginning to attract steadier interest amid a more positive economic outlook.  The uplifting news flow from constructive analysts commentary to improved economic indicators, have collectively helped lift SGX stocks recently.

Overall these factors have combined to create an environment where both new listings and established stocks are benefiting from a boost in investor confidence, resulting in a notable upward momentum on SGX on Tuesday.

SGX has also been awarded the "Best Asia FX  Derivatives Exchange" at the FX Markets Asia Awards for the 8th consecutive year according to a news release on April 16.

The SGX recorded FX futures volume of USD 4.1 trillion (SGD 5.39 trillion) in 2024, a 40% year over year growth.  In 1Q2025, FX futures volume increased 45% year over year to USD 1.2 trillion, while daily average volume was up 47% year over year to USD 20.3 billion.

Global investors are increasingly using SGX FX Futures due to the deep liquidity of SGX FX Futures.   SGX USD /CNH FX Futures have become the pricing reference point for global investors especially with about 40% of volumes traded during US and European time zones.

SGX has also benefited from the task force set up by MAS to strengthen the Equities market in order to increase investor demand and improve the supply of quality listings on the SGX. 

SGX is up 4.3% in the past 5 days and has risen 10.9% year todate. However in 2025 SGX has jumped almost 50%.

I believe that SGX still has more exponential growth ahead and is one Singapore stock that I plan to hold long term. 

Go Long Go Strong Go SGX🚀🙏🌛🌛🌛🌈🌈🌈💰💰💰🇸🇬🇸🇬🇸🇬

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