Tuesday, August 05, 2008

SGX Monthly Volume Shrinks Sharply

On July 2008, the volume and value traded on Singapore Exchange (SGX) shrank sharply down to 24.2 billions units and $29.6 billion respectively.

'Two words to describe the low volumes: risk aversion,' said UOB-Kay Hian analyst K Ajith. 'Basically there's little confidence in the market right now,' he noted.

Above table and quote are from the Business Times, 05 Aug 08.

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