Overview of the Singapore Exchange

Providing indexes reflecting the condition of the Singapore financial market, the Singapore Exchange or SGX is the most important establishment of its kind in Singapore.

The SGX

SGX is the result of the merger between the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX). Since SGX indices determine to a great extent the condition of the Singapore financial market, the Singapore Exchange is ultimately the best resource for information on the stock market for foreign investors.

With the merger of SES and SIMEX, the SGX has received a welcomed technology boost. Now SGX exchange information is readily available online, making it easier for investors to get an idea on how well the financial market in Singapore is doing.

Investing on the SGX

There are a fair share of companies listed on the SGX, providing investors with plenty investment opportunities. An overwhelming percent of the companies listed on the SGX are incorporated in Singapore. There are also British- and European-incorporated companies, as well as several companies from the Asia-Pacific area.

What’s notable is that the Singapore Exchange lists companies based on their business performance. To be listed, companies need to pass an average daily market capitalisation level.

Banks associated with the Singapore Exchange include the Singapore-based Far Eastern Bank Limited, DBS Bank Limited, and Bank of Singapore Limited. Foreign banks include Citibank, JPMorgan Chase and Bank of America.

The ceaseless developments that improved Singapore during the last decades, made the city-state one of the most attractive Asian countries for foreign investments for British and other Westerners. For these investors, the SGX can be used as a reliable reference point, not only for Singapore, but also for Southeast Asia.

Interested in making investments on the Singapore exchange? Don’t forget to compare the Singapore financial markets beforehand to discover the best opportunities available. Talk to the experts at Compare The Financial Markets.