NEW YORK, Jan 3, 2026, 09:12 ET — Market closed.
- Singapore Exchange shares last rose 0.5% to S$17.05 on Jan 2
- Singapore reported 4.8% GDP growth for 2025, its fastest since 2021
- Focus shifts to January policy signals and early-year trading activity
Singapore Exchange Ltd shares ended 0.5% higher at S$17.05 on Friday, the first trading day of 2026, after Singapore reported stronger-than-expected economic growth for 2025. 1
The move matters because SGX’s earnings are closely tied to market activity — when stocks and derivatives (contracts that derive value from an underlying asset such as an index) trade more, the exchange typically collects more fees. 2
Singapore’s Ministry of Trade and Industry said the economy grew 4.8% in 2025 and 5.7% in the fourth quarter, driven by strength in biomedical manufacturing and electronics linked to AI-related demand. 3
Broader risk appetite also improved. The Straits Times Index rose 0.2% on Jan 2 as markets reopened after New Year, with 1.8 billion securities worth S$958.3 million changing hands, The Business Times reported. 4
SGX traded between S$16.96 and S$17.14 on Friday, with 916,600 shares changing hands, according to the company’s historical stock data. 1
OCBC chief economist Selena Ling said the 2025 outcome “marked a significant upward revision from earlier forecasts,” pointing to resilient external demand and broad-based gains across key sectors. 4
The GDP surprise also sharpened the debate about how fast growth can cool this year. MTI projected 2026 growth of 1% to 3%, and Reuters reported Prime Minister Lawrence Wong cautioned the 2025 pace may be hard to sustain. 3
For SGX, investors have been weighing the lift from higher trading volumes against a still-challenging listings backdrop, after the exchange cited improving IPO preparations in earlier results. 2
What traders are watching next is whether the growth momentum keeps flowing into equities and hedging demand, especially as January data and central bank guidance shape rate expectations and volatility — both key drivers of derivatives turnover. 5
Before the next session, attention turns to follow-through in Singapore equities when trading resumes on Monday, and whether banks and REITs — heavyweight sectors in the benchmark — continue to draw flows after Friday’s advance. 4
Investors will also track the Monetary Authority of Singapore’s next policy review later this month, a key signpost for local financial conditions as growth normalises from 2025’s pace. 5
