SINGAPORE (Dec 1): Singapore Exchange (SGX) has launched SGX Thematic Indices, a suite of equity indices under its index business, SGX Index Edge.
SGX Thematic indices, which can be accessed via sgx.com/indices, will now offer a suite of equity indices based on the Real Estate, Healthcare, Minerals, Oil & Gas and Maritime & Offshore sectors.
These are sectors that have traditionally featured prominently across the SGX securities market and contribute significantly to the Singapore economy, said SGX.
The 11 new indices will help to profile the underlying securities and offer insights into both risk and performance associated within the sectors.
SGX said the indices will further enhance the understanding of investment opportunities and what drives returns in these markets.
They will also provide benchmarks linked to key themes in Singapore and encourage the creation of ETF products that are invested in Singapore stocks.
Loh Boon Chye, Chief Executive Officer of SGX, says, “These indices enhance SGX’s existing sector strengths and provide valuable profiling of some of the most vibrant areas in our securities market, where we see an opportunity to enhance liquidity. The themes covered by these indices complement SGX’s educational initiatives as well as listings and securities strategy. This launch is an important step that supports our priority of strengthening our business and we continue to explore new ways of enhancing access to, and understanding of, our markets.”
SGX last traded at $7.54.