Is SGX A Buy?
@koolgal:
🌟🌟🌟SGX $SGX(S68.SI)$ is Singapore's one and only sole bourse operator. It operates a platform for the buying and selling of securities such as shares, bonds, derivatives and exchange traded funds. In December SGX reached a 52 week high of SGD 13.09 but in January, it has dropped to SGD 12.09 on Thursday's closing. Is it a good buy? Let's check out its FY2024 earnings report. On 8 August 2024, SGX reported FY2024 adjusted net profit of SGD 525.9 million, 4.5% higher from the previous year of SGD 503.2 million. Adjusted EBITDA was up at SGD 711.6 million compared to SGD 688.6 million in the previous year. Adjusted earnings per share was 49.2 cents in comparison with 47 cents in the