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Singapore Exchange unveils dual-listing bridge with Nasdaq

Nov 20, 2025, 7:45 PM10
(Update: Nov 20, 2025, 7:45 PM)
Twin-tower high-rise complex in Singapore housing the Singapore Exchange
American fully electronic stock exchange
sovereign island country and city-state in maritime Southeast Asia

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.
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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.

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