GgoogleSG first seen 23 h ago, last 17 h ago, peak #2
SGX cuts board lots to 10 shares to widen retail access
Original: singapore exchange
The Singapore Exchange is cutting board lots to 10 shares for DBS, OCBC and UOB stocks, deepening its push to make blue-chip shares more accessible to retail investors. The move comes alongside other SGX initiatives, including a new futures trading window aimed at European traders and a Youth Stock Ambassadors Programme launched with SAS and SIAS. Separately, Maybank downgraded supermarket operator Sheng Siong to 'hold' with a lower target price.
Why now: SGX's retail participation reforms, especially the board lot reduction for the three local banks, are fresh news affecting Singapore investors.
Singapore ExchangeDBSOCBCUOBSheng Siong Group
Evidence
- Analysts Offer Insights on Consumer Goods Companies: Costco (COST) and Sheng Siong Group Ltd. (SG:OV8) · The Globe and Mail
- Maybank downgrades Sheng Siong to ‘hold’ with lower TP · The Edge Singapore
- SGX cuts board lots to 10 shares for DBS, OCBC, UOB as push to widen retail participation deepens · Yahoo Finance
- Singapore Exchange Woos European Traders with New Futures Window · Bloomberg.com
- SAS, SIAS and SGX announce new Youth Stock Ambassadors Programme · The Edge Singapore
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