Singapore’s stock market is struggling. Here’s how to revive it
From slashing lot sizes to widening exposure to foreign stocks, a group CFO has suggestions for the local bourse.
Arthur Lang
Building the pipeline for future listings at SGX is a meaningful strategy, albeit with a longer gestation period, says the writer. PHOTO: ST FILE
UPDATED
JUL 12, 2024, 09:36 AM
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In my almost three decades of experience dealing with capital markets practitioners, I have observed a gradual trend relating to the sluggish state of our Singapore capital markets. If left uncorrected, I fear that Singapore may run the risk of losing its position as a financial services and capital markets hub.
Having just returned from a series of investor meetings in North America, I heard investors lament the low trading volumes and lack of liquidity that constrain valuation potential. The dearth of new listing and equity counters harms the appeal of the Singapore stock market and we need to arrest this unsettling trend.
