Singapore, Jan 12, 2026, 15:21 SGT — Regular session
- Shares of Singapore Exchange climbed roughly 0.5% in afternoon trading, following a solid gain to close last week.
- Regulators have opened consultations on rule changes aimed at simplifying the SGX-Nasdaq dual listing process, seeking feedback by Feb. 8
- SGX flagged a boost in trading activity and a pickup in securities turnover as the year winds down
Shares of Singapore Exchange Ltd (S68) climbed 0.5% to S$17.59 by 3:10 p.m. Singapore time Monday, amid investor interest in new efforts to simplify dual listings in Singapore and the U.S. (StockAnalysis)
The bourse operator is at the heart of Singapore’s push to revive its market. A genuine boost in listings or trading volume would be significant, since exchanges rake in fees whenever more money and securities move through.
The Monetary Authority of Singapore is pushing for legislative and regulatory tweaks to back an SGX-Nasdaq “dual-listing bridge,” including permitting a single prospectus for a simultaneous IPO listing. MAS also suggested retail investors get engaged earlier, right after IPO documents are filed. (Siasset)
SGX shares closed Friday at S$17.51, rising roughly 1.2%, just ahead of the fresh consultation details hitting the market, The Business Times reported. (The Business Times)
SGX flagged a pickup in market activity heading into year-end. Securities turnover jumped 29% year-on-year in December, hitting S$25.8 billion. The daily average securities value for 2025 also climbed 21% to roughly S$1.5 billion — marking the highest level since 2010, the bourse operator’s report showed. (Siasset)
The consultation process sets the foundation for a new Global Listing Board, designed to ease the path for companies seeking to list shares on both SGX and Nasdaq. Essentially, this involves synchronizing timelines and disclosure requirements so issuers don’t have to juggle two separate rulebooks.
But several moving parts introduce downside risk for investors. MAS has put forward “safe harbour” provisions—legal shields if the rules are met—but the framework’s success still depends heavily on market conditions and deal execution, which can shift fast. SIAS chief executive David Gerald believes the proposals might “bring the best of both markets” to Singapore investors. Lawyer Robson Lee cautioned that uptake will hinge on the market “sustaining the upswing momentum” and having enough issue managers and distribution networks. (The Straits Times)
Traders are eyeing if the proposed eligibility criteria will shrink the candidate pool and if retail allocation rules will reshape deal structures. For SGX, the stakes go beyond fresh listings to include follow-on trading and clearing volume.
SGX will release its first-half FY2026 results before markets open on Feb. 5. CEO Loh Boon Chye and CFO Daniel Koh are set to address investors at 9:00 a.m. Singapore time. (Sgx)
