Singapore, Jan 17, 2026, 15:30 SGT — Market closed.
- Shares of Singapore Exchange closed Friday 0.2% higher, at S$17.70
- Investors are zeroing in on February results and early signals of a beefed-up listings pipeline
- Global risk sentiment remains volatile as the U.S. heads into a holiday week
Shares of Singapore Exchange Ltd (SGXL.SI) closed Friday up 0.2% at S$17.70. With Singapore markets closed for the weekend, focus now turns to the upcoming week and the bourse operator’s February earnings report.
The stock now stands as a symbol of Singapore’s drive to boost its equities market, aiming to draw more listings and increase trading volume. Investors are watching closely to see if this momentum translates into stronger earnings and clearer guidance.
This is crucial since SGX pockets fees from trading and hedging activities, along with revenue from market data and listings. Even a slight shift in liquidity can ripple through swiftly, impacting results either way.
Shares fluctuated between S$17.55 and S$17.75 on Friday, closing up 3 cents. Trading volume hit roughly 1.28 million shares. (StockAnalysis)
The Straits Times Index climbed 0.3% to 4,849.10, pushing its weekly gain to 2.1%, The Straits Times reported. Interactive Brokers senior economist Jose Torres pointed to “bullish sentiment” coming back on Wall Street following Taiwan Semiconductor’s earnings. (The Straits Times)
Investors are keeping an eye on whether Singapore can attract more secondary listings—companies already listed elsewhere that add a Singapore listing. After three recent sizeable secondary listings pushed the total to 29, Foo Siang Sheng at CGS International Securities Singapore said, “we do see some secondary listings in the pipeline and the trend should continue in 2026.” Robson Lee, a partner at Kennedys Law, noted that foreign issuers might use these listings to “test” the upcoming SGX-Nasdaq dual-listing bridge. (The Business Times)
Speaking at a governance event at SGX on Friday, CEO Loh Boon Chye emphasized to directors that “the IPO is not the finish line,” positioning listings as just the beginning of a tougher journey in value creation and disclosure. (Mondo Visione)
SGX chairman Koh Boon Hwee emphasized that strong boards are “critical to unlocking long-term value,” as the newly formed SID Chairpersons Guild seeks to raise standards and boost investor confidence, the Singapore Institute of Directors said in a press release. (Org)
Global risk appetite showed signs of wavering going into the weekend. Wall Street finished with modest weekly declines, despite upbeat tech and bank earnings, Reuters reported. Traders appeared cautious, adjusting positions ahead of the extended U.S. holiday break. (Reuters)
SGX’s earnings remain tied to market activity. Should volatility ease, derivatives hedging might drop off. And if new listings don’t pick up, the boost to fee income could be delayed beyond what investors anticipate.
SGX’s first-half FY2026 results will drop on Feb. 5 before markets open, according to a filing. A 9 a.m. briefing in Singapore time will follow, led by CEO Loh and CFO Daniel Koh. (Sgx)