Singapore, Feb 3, 2026, 15:11 SGT — Regular session.
- Shares of Singapore Exchange climbed roughly 3% in afternoon trading, bouncing back from Monday’s decline
- First-half FY2026 results will be released before the market opens on Feb 5
- Attention shifts to cash-equity turnover and derivatives volumes following a robust December trading update
Shares of Singapore Exchange Ltd climbed almost 3% on Tuesday as investors geared up for its first-half earnings report due later this week. Mid-afternoon trading saw the stock up 2.96% at S$18.08. (StockAnalysis)
This move is significant because the exchange operator’s earnings depend heavily on activity — the volume of trades and hedging. If trading volumes hold steady into January, the impact on fees will be almost immediate.
Singapore Exchange is part of a select group of listed exchange operators in Asia, often moving like barometers of market mood. When traders anticipate quicker turnover—whether in Singapore or nearby markets—these shares tend to attract buying interest.
The stock closed Monday at S$17.56, slipping 0.4% that day, before recovering on Tuesday, according to MarketScreener. Roughly 3.6 million shares traded as of the latest Tuesday data. (MarketScreener)
The company plans to release its first-half FY2026 results before the market opens on Feb 5, followed by a webcast briefing at 9 a.m. Singapore time. CEO Loh Boon Chye and CFO Daniel Koh will lead the presentation. The financial year spans from July 1 to June 30.
In its January 9 trading update, the group reported a 29% jump in December’s cash-equity turnover value from a year ago, reaching S$25.8 billion. Securities daily average value (SDAV)—the average daily cash-market turnover—was up 23%, hitting roughly S$1.2 billion. Derivatives saw volume climb 22% to 28.3 million contracts, while daily average volume (DAV) grew 17% to 1.3 million contracts. For the full year 2025, derivatives volume rose 10% to 329 million contracts, the group said.
Shekhar Jaiswal from RHB Securities Research projected a 12% year-on-year rise in first-half core profit in a Jan 6 report, driven by higher cash-equity turnover and derivatives volumes. He maintained a Neutral rating with a target price of S$17.90 but cautioned that “valuation appears stretched.” (SG Investors)
Singapore shares closed lower on Monday, dragged down by a steep sell-off in precious metals that echoed across markets. The Straits Times Index fell 0.3% by the close. Saxo Markets strategist Neil Wilson called the metals move a case of “Things just got too frothy,” citing crowded, leveraged positions and thin liquidity. (The Straits Times)
By early Tuesday, gold and Asian stocks found their footing following a turbulent period in metals, Reuters reported. The story highlighted ongoing jitters after forced liquidations rocked commodities and rippled into other markets. (Reuters)
But the setup is double-edged. Should volatility ease and trading slow, fee income can drop off quickly; and if the IPO pipeline remains sparse, listing fees won’t carry much weight.
Investors are eyeing Feb 5 for insights on profits and dividends, along with clues about cash-market activity and derivatives demand in the latter half of FY2026.
