Singapore Exchange Limited (OTCMKTS:SPXCY – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 120,951 shares changed hands during mid-day trading, an increase of 317% from the previous session’s volume of 29,010 shares.The stock last traded at $38.9075 and had previously closed at $39.43.
Analyst Upgrades and Downgrades
Separately, Zacks Research lowered Singapore Exchange from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on SPXCY
Singapore Exchange Stock Performance
Singapore Exchange Company Profile
Singapore Exchange Limited (OTCMKTS:SPXCY), commonly known as SGX, operates Singapore’s integrated securities and derivatives exchange. It provides regulated marketplaces for the listing and trading of equities, exchange-traded funds, fixed-income products, derivatives, currencies and commodities.
Through its market infrastructure, SGX supports trading, clearing, settlement and custody services, as well as market data, indices and related technology solutions. Its derivatives offerings include equity index, interest-rate, currency and commodity contracts, serving institutional and other market participants in Singapore and international markets.
SGX was established in 1999 through the merger of the Stock Exchange of Singapore and the Singapore International Monetary Exchange and became a publicly listed company in 2000.
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