RHB: SGX securities daily average value to increase 9% YoY in FY2026, with growth continuing into 2027
SINGAPORE: The Singapore Exchange (SGX) is on track for further growth in securities trading activity, with its securities daily average value (SDAV) forecasted to jump 9% year-on-year (YoY) in FY2026 and 4% in FY2027, Singapore Business Review reported, citing a report by RHB.
In FY2025, the SDAV surged 27% to reach S$1.3 billion.
In a report published on Thursday (July 10), RHB analyst Shekhar Jaiswal stated that the growth momentum is expected to continue, backed by the Monetary Authority of Singapore (MAS)-led initiatives to broaden equity participation beyond Straits Times Index (STI) stocks.
Mr Jaiswal said SGX will likely benefit from elevated near-term market volatility, with higher securities turnover supported by MAS-led equity market initiatives.
SGX's operating revenue for the year is projected at S$616 million, while profit after tax and minority interests (PATMI) is expected to hit S$308 million.
While the FY2026 yield remains 'unappealing,' even with a possible increase in payout ratio, Mr Jaiswal said there are 'upside risks to distributions.' /TISG
Read also: S$701M exits Singapore banks in April as institutions turn to telecommunications and industrial stocks
Featured image by Depositphotos (for illustration purposes only) document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Times
an hour ago
- Business Times
Oracle to advance Indonesia cloud services plan
[JAKARTA] Oracle will partner with DayOne Data Centers Singapore to establish its first cloud services centre in Indonesia, people familiar with the matter said, boosting its partnership with a key regional operator that counts TikTok owner ByteDance as its largest customer. The American tech giant will lease DayOne's data centres located at Nongsa Digital Park on the Indonesian island of Batam, according to the people, who asked not to be identified discussing information that's private. Oracle will be the sole tenant at DayOne plots that could support facilities with at least 120 megawatts of power, they said. A 120 megawatt data centre typically requires a capital investment of at least US$1.2 billion, depending on factors like location, design tier and land costs, and whether the facility is built for hyperscale AI workloads. Oracle's expansion confirms an earlier Bloomberg News story that it was in discussions to establish a cloud services centre in Indonesia. Representatives for Texas-based Oracle didn't immediately respond to a request for comment. Singapore-headquartered DayOne earlier this year was spun out of Chinese data centre operator GDS Holdings, which retains a stake. ByteDance is far and away DayOne's largest customer, according to research firm SemiAnalysis, with Oracle coming in second. DayOne also didn't respond to a request for comment. Nongsa Digital Park in Batam is already home to several other data centres, drawn by factors including the island's free-trade zone status and its proximity to Malaysia and the wealthy city-state of Singapore. Oracle currently has two cloud computing centres in Singapore and last year announced a US$6.5 billion plan to build a similar facility in Malaysia. US tech giants from Meta Platforms to Google are building data centres across Asia to support an envisioned global boom in artificial intelligence services. Much of that investment has gone to countries with better-established tech ecosystems and networks, such as Malaysia and Singapore, where Salesforce recently announced a US$1 billion investment. Bain estimates that the global market for AI-related products could hit US$990 billion by 2027 as the technology's adoption disrupts the way companies and countries do business. OpenAI is also leasing a huge amount of computing power from Oracle as part of its Stargate initiative – OpenAI's project with partners including Oracle and SoftBank Group to invest US$500 billion in AI infrastructure – to build data centres on American soil and overseas. BLOOMBERG
Independent Singapore
7 hours ago
- Independent Singapore
Loanshark threatens to kill borrower's entire family over S$27 outstanding balance
Photo: Depositphotos/ Seasonpost (for illustration purposes only) MALAYSIA: A 42-year-old man has revealed that a loan shark has threatened to kill his entire family over an outstanding balance of just RM90 (approximately S$27). According to a report by Oriental Daily, the borrower named Xiao (transliterated from Mandarin) said he initially borrowed RM1,500 (S$452) last month to help with cash flow difficulties. But when the money was disbursed, he received only RM1,000 (S$301), as the lender retained RM500 as an upfront fee. Mr Xiao told the Malaysian daily that he diligently repaid the loan together with the interest demanded. Despite having settled what he believed was the full amount owed, he was later informed that he still had an outstanding balance of RM90. To his shock, the lender claimed that under their so-called 'regulations,' he was required to pay an additional 'fine' of RM1,500. Mr Xiao said he did not agree to their demand but the loanshark refused to negotiate and instead threatened to kill his entire family. See also BREAKING: Dr Mahathir resigns as Prime Minister of Malaysia Mr Xiao said began receiving repeated menacing text messages warning that hired killers would be sent to carry out the threats if he did not comply. He described feeling deeply unsettled and fearful for his family's safety. The incident highlights the ruthless tactics employed by illegal moneylenders, who often prey on financially vulnerable individuals and enforce repayment through intimidation and violence. Such cases have been reported across Malaysia in recent years, prompting warnings from authorities and community organisations about the dangers of dealing with unlicensed lenders. Investigations are ongoing. () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Independent Singapore
7 hours ago
- Independent Singapore
COE problem solved: Singaporeans can now own their dream car and park it in Johor Bahru, and even keep the car forever!
MALAYSIA: Ever fantasised about owning a Porsche or a Lamborghini, but your bank account keeps waking you up? Well, Singaporeans rejoice! You can now turn that dream into a four-wheeled reality — in Johor Bahru (JB). Thanks to a clever new venture, as reported by the Malay Mail , Carlogy Malaysia, a one-stop automotive lifestyle hub in Skudai that's rewriting the rules of car ownership for Singaporeans, car enthusiasts from across the Causeway can now buy, park, and pamper their prized vehicles, minus the dreaded Certificate of Entitlement (COE) price tag. Yes, you read that right: You can now own a car in Malaysia as a Singaporean and actually keep it for good. Dream cars without the dream-crushing COE In Singapore, owning a car isn't just a purchase — it's a privilege wrapped in bureaucracy and priced like a landed property. No thanks to the COE system, every car on the road comes with a 10-year expiry date, and the right to own that vehicle can cost well over S$100,000! That's more than the downpayment for a build-to-order (BTO) flat — and you don't even get to keep the car forever, but in Malaysia, the keys, the papers, the engine purr — it's all yours, permanently! Enter Carlogy: The pit stop for luxury and lifestyle At the heart of this smart motoring revolution are co-founders Heeraj Sharma and Regis Tia, who've turned their shared love of performance cars into a thriving cross-border business. Photo: TT/@carlogyy Located in Skudai — the sweet midpoint between Woodlands Checkpoint and Tuas Second Link — Carlogy Malaysia is like a five-star resort for cars. Think of it as your car's private man cave, complete with 24/7 security, air-conditioned storage, detailing services, and even a café for when you drop by for a weekend joyride. And you can even livestream your car via real-time CCTV from anywhere. Because what's the point of owning a Porsche or a Lamborghini if you can't lovingly stare at it during Zoom meetings, right? RM1,000 (S$290) for peace of mind? Sign us up! Storage isn't free, but it's far from the prices in Singapore. For RM700 (S$200) a month, you get standard storage. For RM1,000 (S$290), your vehicle rests in cool, air-conditioned luxury. That's still pocket change compared to what you'd pay in Singapore for just the parking lot. Photo: TT/@carlogyy And that doesn't even include the joy of not having your car ownership expire like an unlucky Tinder match after 10 years. Foreigners welcome (just don't bring your toys home) Now for the fine print: Yes, Singaporeans can own Malaysian-registered cars. The only catch is that you can't drive them back into Singapore. Singapore's Land Transport Authority strictly prohibits citizens, permanent residents, and long-term pass holders from using foreign-registered vehicles in the city-state, but for weekend drives, road trips, or track days up north, Johor and beyond are your personal playground. See also You can buy 4 Toyotas in the US for the price of a COE in SG Heeraj says that recreational driving in Malaysia is exciting — there's so much to explore, and we can't agree more, having experienced the Malaysian roads ourselves, from winding highlands to coastal highways. From paint jobs to paint protection film, they've got you covered Carlogy isn't just a parking lot with a fancy roof. It's a full-on auto spa and lifestyle centre. Need a wax? A full body wrap? Custom tint? Spray paint? Performance tuning? Or a full concierge service to send your car to your hotel in JB? Done, done, and done! Photo: TT/@carlogyy Regis Tia, who also hails from Singapore, said the business grew organically from Instagram, where fellow enthusiasts quickly caught wind of the idea. 'We provide such a service to avoid our customers, who are mainly Singaporeans, from being ripped off. Basically, Carlogy Malaysia provides car enthusiasts with a seamless experience from selection to purchase and driving,' the Malay Mail quoted him as saying. Community of car lovers, not just customers Carlogy's clientele is growing fast, with over 80 customers, mostly from Singapore, and they're not just buying Hondas — we're talking about BMWs, Porsches, and serious horsepower here. More than a service, Carlogy is becoming a lifestyle brand for a new generation of cross-border gearheads. 'Being car enthusiasts ourselves, we want to make it possible to ensure that our customers thoroughly enjoy the driving experience and leave the hassle of maintenance to us,' Tia added. Timing is everything — and Johor is heating up With the Johor-Singapore Special Economic Zone in the works and the Rapid Transit System (RTS) Link set to supercharge cross-border travel, Carlogy's timing is impeccable. As development on both sides of the Causeway ramps up, Heeraj and Tia are betting that more Singaporeans will see car ownership in Malaysia not just as a lifestyle choice, but a smart, financially sound one. So, who's this for? If you're a Singaporean who's ever groaned at the cost of car ownership or fantasised about a weekend ride without the fear of depreciation or COE renewal, Carlogy might just be your new favourite escape route. Photo: TT/@carlogyy And if you're thinking, 'But I don't need a Porsche or a Lambo,' don't worry — this isn't just about flexing. It's about passion, freedom, and finally being able to say, 'Yes, I own that car — and I get to keep it!' To find out more, head over to Carlogy's Instagram page @ or TikTok @carlogyy and prepare to be tempted by some very shiny things.
