SGX reports ‘exceptional’ year for stock market as revival efforts yield results
SGX also has about 50 companies in the listing pipeline.
Singapore Exchange (SGX) reported an "exceptional" year in 2026, boosted by revitalization efforts that led to significant revenue and profit growth. The exchange saw a 25% increase in adjusted net profit and a 13.9% jump in net revenue, both year-over-year. In addition to these financial gains, SGX facilitated over 50 company listings, raising $4.1 billion in FY2026, a substantial increase from the six listings that raised $25.7 million the previous year.
The Singapore Exchange's momentum came after strategic initiatives in 2025 aimed at increasing liquidity and attracting investors. These included the Equity Market Development Programme (EQDP) and the Value Unlock program, which provided financial support to firms and individuals to promote Singapore as a leading financial center. Furthermore, the Global Listing Board enabled dual listings on SGX and Nasdaq, fostering wider market participation.
SGX's Chief Executive, Loh Boon Chye, highlighted the year's success, noting a five-year high in retail participation and broader institutional interest. He also pointed to the strengthening of trading activity in small- and mid-cap companies, with institutional interest tripling in this segment. This growth was attributed to improved research coverage, stronger issuer engagement, and heightened investor attention.
The exchange's pipeline of potential listings was robust, with companies from diverse sectors such as digital infrastructure, healthcare, consumer goods, real estate services, and real estate investment trusts showing interest. About a third of these companies were in consumer and healthcare, while another third were in tech, advanced manufacturing, and digital infrastructure. Real estate represented a quarter of the pipeline, with the remaining companies evenly distributed across sectors.
Loh expressed optimism about the exchange's prospects, citing stronger institutional participation in initial public offerings and the Value Unlock movement as key drivers of sustainable liquidity. He emphasized the importance of initiatives like the Global Listing Board, which is now fully operational, in attracting more high-growth companies.
De Win, SGX's head of global sales and origination, noted that while the timing of listings is uncertain, the exchange aims to attract higher-growth companies through strategic partnerships, new ecosystems, and enhanced data utilization to deepen client relationships.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
