# SGX Group records strong May performance with new volume highs across asset classes

- Link: https://www.thailand-business-news.com/asean/singapore/316897-sgx-group-records-strong-may-performance-with-new-volume-highs-across-asset-classes
- Published: 2026-07-07T11:25:00+07:00
- Author: SET News

**SGX Group reported strong trading in May, with securities turnover up 70%, derivatives
volume up 20%, and institutional interest in small stocks driving record highs in
the Singapore market.**

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SGX Group (Singapore Exchange) reported robust trading activity in May amid sustained
investor participation, as Singapore’s stock market became Southeast Asia’s largest
by market capitalisation and demand for trusted risk-management tools expanded across
equities, FX and commodities.

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Securities market turnover value rose 70% year-on-year (y-o-y) to S$45.8 billion,
with securities daily average value (SDAV) climbing 79% to S$2.4 billion – the highest
since October 2007. Derivatives traded volume increased 20% y-o-y to 30.5 million
contracts, while daily average volume (DAV) gained 27% to 1.6 million contracts,
the third-largest on record.

Key highlights:

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 * **Strong momentum in small- and mid-cap stocks:** The benchmark Straits Times
   Index advanced 3.5% month-on-month (m-o-m) in May, reaching an all-time high 
   of 5,072 on 19 May amid banking- and technology-led gains. STI exchange-traded
   funds (ETF) marked a 15th consecutive month of net inflows with S$129 million
   in May and S$687 million year-to-date (YTD). Momentum in small- and mid-cap stocks
   excluding REITs continued to accelerate, as SDAV rose 24% m-o-m and more than
   four times y-o-y. Institutional investors remained net buyers of small- and mid-
   caps for a fifth consecutive month, bringing total inflows over the past 12 months
   to over S$800 million.
 * **Investor participation strengthens across securities: **SDAV increased across
   all investor segments, led by institutional investors with incremental S$184 
   million m-o-m growth. Retail SDAV climbed 11% m-o-m, surpassing the February 
   peak and setting a 13-year high. Cumulative net inflows by retail investors exceeded
   S$1.5 billion over the first five months of this year, reflecting sustained interest
   in Singapore equities.
 * **Capital-raising activity gathers pace:** SGX Stock Exchange on 22 May welcomed
   [JustCo Holdings Limited](https://www.sgxgroup.com/media-centre/20260522-sgx-stock-exchange-welcomes-justco-holdings-limited-mainboard),
   a leading flexible-workspace operator with an established Asia-Pacific footprint,
   to its Mainboard. Three Catalist companies – Lum Chang Creations Limited, CNMC
   Goldmine Holdings Limited, and Koh Brothers Eco Engineering Limited – announced
   transfers to the Mainboard. Secondary placements by non-REIT issuers including
   Hong Leong Asia Ltd. and Aspial Lifestyle Limited raised a combined S$316 million.
 * **Risk-managing India equities: **Global investors turned to SGX Derivatives 
   for their risk-transfer instrument of choice for India equities. DAV in GIFT 
   Nifty 50 Index Futures and Options gained 6% m-o-m in May to 112,894 contracts,
   underpinned by broad-based and active participation across customer segments.
   Open interest (OI) was up 12% m-o-m at 290,377 contracts (US$13.7 billion notional),
   a record high.
 * **Round-the-clock activity in FX futures:** Market participants actively managed
   risk through FX futures as signs of a resilient U.S. economy placed sustained
   pressure on Asian currencies. DAV across all listed FX futures rose 29.6% y-o-
   y in May to 505,864 lots (US$29 billion notional), with average OI up 18.9% y-
   o-y at 544,651 lots (US$31.5 billion notional). The SGX KRW/USD FX Futures (Mini)
   contract saw peak activity in the European afternoon/U.S. morning, while month-
   end OI in SGX TWD/USD FX Futures climbed 37% m-o-m.
 * **Broad-based growth across commodities:** DAV across SGX Commodities rose 4.7%
   y-o-y in May, supported by increased trading in bellwether iron ore contracts,
   forward freight agreements (FFA) and SGX SICOM rubber derivatives. Average OI
   for the YTD through May gained 20.6% y-o-y, reflecting sustained hedging demand.
   Container FFA activity was robust, with volumes reaching a new high of 2,568 
   contracts.

The full market statistics report can be found [here](https://www.sgx.com/research-education/historical-data/market-statistics).

**Source** : [SGX Group records strong May performance with new volume highs across asset classes](https://www.aseanexchanges.org/content/sgx-group-records-strong-may-performance-with-new-volume-highs-across-asset-classes/?rand=138677)