Photo from SGX
The pickup was on the back of the corporate earnings season.
The securities market turnover value on the Singapore Exchange (SGX) climbed 35% m-o-m to $24.3 billion in August.
SGX said the pickup was due to the corporate earnings season and strong month-end rebalancing.
In the same month, securities daily average value (SDAV) also rose 23% MoM to $1.1b, and the market turnover value of structured warrants and daily leverage certificates (DLC) gained 16%MoM to $608m.
SGX also reported its highest net institutional inflows since January in August, raking an estimated $750m.
Most of the net institutional inflows were from financials and consumer sectors, said the bourse.
Meanwhile, the benchmark Straits Times Index (STI) advanced 0.3% MoM to 3,221.67 in August and generated a year-to-date price return of 3.1%, outperforming the FTSE All-World Index.