04 May '11, 10am

SGX's April securities trading falls 4 pct y/y; derivatives up: SINGAPORE, May 4 (Reuters) - Singapore Exchange

SINGAPORE , May 4 (Reuters) - Singapore Exchange (SGX) , Asia's second-largest listed bourse operator, said on Wednesday the average daily value of stocks traded fell 4 percent in April from a year ago but derivatives volume grew. The daily average value of securities traded on SGX last month was S$1.6 billion ($1.3 billion), a fall of 4 percent due to continued market uncertainties. But derivatives daily average volume increased 12 percent from a year earlier to 252,401 contracts, helped by a 37 percent jump in the Nifty futures trading, SGX said. ($1 = 1.228 Singapore Dollars ) (Reporting by Eveline Danubrata; Editing by Kevin Lim)

Full article: http://sg.news.yahoo.com/sgxs-april-securities-trading-fa...

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