Broker Name: DBS Group Research
Date of Report: 11 June 2026
Excerpt from DBS Group Research report.
Report Summary
- Stock Focus: Singapore Exchange Ltd (SGX SP)
- Action: BUY
- 12-month Target Price: SGD 22.50
- Current Price: SGD 21.70
- Key Idea: DBS maintains a BUY rating on Singapore Exchange Ltd with a 12-month target price of SGD 22.50. The report highlights strong momentum in both securities and derivatives trading volumes, with securities daily average value (SDAV) at post-GFC highs and retail participation at a 13-year high. Institutional investors have been net buyers of small- and mid-cap stocks for five consecutive months, with inflows exceeding SGD 800m over the past 12 months. Derivatives daily average volume (DAV) is also at record levels, particularly in equity index futures and Asian currency hedging. This momentum is expected to persist, supported by Singapore’s safe-haven status and continued demand for risk management tools.
above is an excerpt from a report by DBS Group Research. Clients of DBS Group Research can be the first to access the full report from the DBS website : https://www.dbs.com/
