Singapore Exchange (SGX), the country's paramount exchange operator, encompassing the previous three-month period at the exchange - the latest metrics incurred a slight decline relative to the year prior, largely impacted by volatility, per a group filing.
Expenses fell 3% to S$99.7 million, mainly due to lower volume related processing and royalties and professional fees. Revenue from its market data and connectivity business jumped 13 per cent to S$24.4 million. Continued positive momentum in the equities market following the US Presidential Election last November contributed to the higher level of trading activity, with increased participation from both retail and institutional customers. SGX is maintaining its quarterly dividend payout of five Singapore cents per share.
Loh said that although sentiment had improved, positive outcomes on US economic policies will be important to sustain trading activities.
Detroit Rockers Dine with President Trump
Donald Trump's presidency is literally a stomach turning sickening festival of sex crimes that brings shame to our great nation. That was not the first of his anti-Obama rhetoric, though. "A great night at the White House", Palin wrote on Facebook.
Volvo announces plans to export China-made electric car
Honda Motor Co. will show its new NeuV, a futuristic concept vehicle the company has suggested might get an electric drivetrain. According to management consulting firm McKinsey, 43 percent of the 870,000 electric cars produced in 2016 came from China.
Chasing pair Fillon, Melenchon level as French election nears
Authorities announced Tuesday that they had arrested two Islamic radicals suspected of plotting a possible attack around the vote. A defeat by Hamon could crush the party of unpopular Socialist President Francois Hollande, who chose not to seek a second term.
Rangers, Habs gear up for pivotal Game 5
I don't think it's personnel driven, as for Games 3 and 4 the Habs have dressed what is in my estimation the best lineup possible. Note: Montreal defenceman Alexei Emelin is moving closer to a return after missing four with an undisclosed injury.