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SGX Group and IDX Launch Cross-Border Depository Receipts Linkage

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SGX Group and IDX Launch Cross-Border Depository Receipts Linkage

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Singapore Exchange ( (SG:S68) ) has issued an announcement.

SGX Group and Indonesia Stock Exchange have launched a Depository Receipts Linkage, allowing Singapore investors to access Indonesian-listed securities through Singapore Depository Receipts (SDRs). This initiative enhances ASEAN capital market connectivity and provides investors with a simplified and efficient way to trade overseas securities, increasing liquidity and visibility for Indonesian companies in Singapore.

The most recent analyst rating on (SG:S68) stock is a Hold with a S$16.00 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.

More about Singapore Exchange

Singapore Exchange Limited (SGX) operates in the financial services industry, providing a platform for securities trading, clearing, settlement, and depository services. It focuses on facilitating investment and capital market activities in Singapore and the ASEAN region.

Average Trading Volume: 2,018,237

Technical Sentiment Signal: Buy

Current Market Cap: S$18.66B

See more insights into S68 stock on TipRanks’ Stock Analysis page.

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