[SINGAPORE] The turnover value of securities traded on the Singapore Exchange (SGX) climbed 29 per cent year on year in December, driven by “sustained stock market momentum”, the bourse operator said on Friday (Jan 9).
Total securities market turnover value for the month rose to S$25.8 billion while total market turnover volume rose 26 per cent to 24.5 billion shares.
For December, the securities daily average value (SDAV) rose 23 per cent on the year to S$1.2 billion. This brought the SDAV for 2025 to S$1.5 billion, 21 per cent up from the previous year, the highest level since 2010.
Milestones were also set for the indices, as the Straits Times Index (STI) hit a record of 4,655.38 on Dec 30, 2025. This brought its total returns for the year to 22.7 per cent, or 28.8 per cent with reinvested dividends, which outpaced “most Asean peers”, the SGX said.
Total returns for the iEdge Next 50 Indices were up 26.7 per cent in 2025, the bourse operator said.
It noted that retail participation in cash equities hit a four-year high, while institutions net-purchased S$415 million of small and mid-cap stocks in 2025.
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STI constituent stocks made up 80 per cent of the total trading value of the SGX, with DBS taking up the largest share at 16 per cent, followed by UOB and Singtel at 7 per cent and OCBC at 6 per cent.
Derivatives volume hit a record in 2025, rising 10 per cent to 329 million contracts through the year amid robust institutional demand for trusted risk-management tools, the SGX noted.
“Strong institutional appetite boosted trading activity in flagship SGX MSCI Singapore Index derivatives, fuelled by positive sentiment on the Equities Market Review Group measures,” it said.
The volume of derivatives traded across equities, foreign exchange and commodities climbed 22 per cent year on year to 28.3 million contracts.
Notably, iron ore derivatives led the commodities suite, posting a 51 per cent year on year surge in traded volume for December, to 5.4 million contracts. This brought the tally for the commodity to 66.2 million lots in 2025, a seventh straight record.
Across the broader commodities suite, dairy and petrochemical derivatives also posted record volumes in December, while forward freight agreement futures volume climbed to a fresh record of 2.2 million lots in 2025, driven by robust demand for dry bulk commodities.
The volume of foreign exchange (FX) futures traded rose 43 per cent year on year in December to eight million contracts, the highest levels since April 2025.
Amid uncertainty driven by global trade tariffs, total FX futures volume for 2025 rose to an all-time high of 79.3 million contracts, a 34 per cent increase from the year-ago period.
For December, Singapore companies’ turnover volume increased 44 per cent year on year to 14.2 billion shares, while turnover value rose 34 per cent to S$20.4 billion.
For overseas companies excluding those from China, turnover volume was up 7 per cent at 8.5 billion shares for December, while turnover value was 34 per cent higher at S$4.3 billion. China companies’ volume rose 14 per cent to 1.7 billion shares, but value dropped 29 per cent to S$1.2 billion.
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