
Singapore Exchange unveils dual-listing bridge with Nasdaq
Singapore Exchange unveils dual-listing bridge with Nasdaq
- On November 19, 2025, SGX announced new market measures.
- The benchmark STI rose 0.2% following the announcement.
- Investors perceive these measures as a commitment to market revitalization.
Story
On November 19, 2025, in Singapore, the Singapore Exchange (SGX) announced significant measures aimed at bolstering the local equities market. These measures include the introduction of a dual-listing bridge that connects the SGX with Nasdaq and a 'Value Unlock' program intended to enhance investment engagement for listed companies. As a result of this announcement, the Singapore stock market exhibited a positive response, with the benchmark Straits Times Index (STI) rising by 0.2% to close at 4,511.87 points, signaling investor confidence. The iEdge Singapore Next 50 Index increased by 0.1%, with 349 gainers outnumbering 229 losers across the broader market, resulting in 1.4 billion securities valued at $1.4 billion changing hands. Furthermore, key regional indexes demonstrated mixed performance; for instance, Hong Kong's Hang Seng Index remained virtually unchanged, while Japan's Nikkei 225 experienced a 2.7% increase, and South Korea's Kospi rose by 1.9%. However, the FTSE Bursa Malaysia KLCI saw a slight decline of 0.2%. Among the blue-chip gainers, Frasers Logistics & Commercial Trust led the rise by increasing 1.6%, while all three major local banks recorded gains. Notably, DBS Bank rose 0.3%, OCBC Bank advanced 0.6%, and UOB increased by 0.2%. In contrast, Sats was the worst performer among the STI constituents, experiencing a 1.2% drop. Ms. Chua Jen-Ai, an equity research analyst from Julius Baer, praised the recent developments, interpreting them as a positive signal of regulatory commitment to revitalize the stock market. Nonetheless, she expressed that it would take time for these measures to have a noticeable impact on market dynamics.