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SGX Launches iEdge Singapore Next 50 Indices to Broaden Market Visibility

Story Highlights
  • SGX introduces iEdge Singapore Next 50 Indices to enhance visibility of mid-tier companies.
  • New indices aim to diversify market participation and reflect growing investor interest.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SGX Launches iEdge Singapore Next 50 Indices to Broaden Market Visibility

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Singapore Exchange ( (SG:S68) ) just unveiled an announcement.

SGX Indices has launched the iEdge Singapore Next 50 Indices, aimed at enhancing the visibility of the next tier of large and liquid mainboard companies beyond the top 30 listed on the Straits Times Index. This initiative is designed to reflect the diversity of Singapore’s stock market and cater to growing investor interest in small- and mid-cap stocks, as evidenced by increased institutional and retail investor activity. The new indices are expected to foster a more vibrant stock market ecosystem by highlighting market opportunities and encouraging broader participation.

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 trading securities, derivatives, and other financial instruments. It is a key player in the Asian market, offering a range of products and services to facilitate investment and trading activities.

YTD Price Performance: 34.14%

Average Trading Volume: 2,191,805

Technical Sentiment Signal: Buy

Current Market Cap: S$18.06B

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

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