- Capital Management
- Market Info
- Education Center
- Phillip Apps
- Customer Service
- About Us
Surplus Cash Facility
Singapore plays an indispensable role in the financial markets of the Asia pacific region. Singapore Stock Exchange (or SGX), the main local market operator, provides different types of securities and derivatives trading and transaction services.
The Stock Exchange of Singapore (SES) merged with the Singapore International Monetary Exchange (SIMEX) in December 1999, to form SGX. SGX was listed on the local stock market in November 2000 and it was the second listed exchange in the Asia pacific region at that time.
Singapore economy is highly trade dependent, there is diversity of international assets and revenue for Singapore stocks. In addition, high dividend yield is one of its key features, its yield in 2015Q3 was 4.3%, much higher than Asia region's average 2.5%, Hong Kong's HSI and Taiwan's TAIEX of 4.1%. Finally, the volatility of Singapore's stock market is relatively low.
SGX securities are trading in three markets: Main Board, Catalist and Global Quote. The average daily turnover in the first nine months of 2015 was about SGD 1.2 Bn*.
Main Board is the major market, famous local companies are CapitaLand (CPL.SG) and DBS Group (DBS.SG). Catalist, similar to the Hong Kong GEM in nature, was established in December 7, 2007, mainly based on the UK AIM market model, specifically for local and international growth companies. SGX-authorized sponsors directly supervise Catalist counters under SGX rules, examples of the counters are Duty Free International Limited (DFIL.SG) and Renewable Energy Asia Group Ltd (REA.SG). Global Quote is a market launched by SGX in collaboration with NASDAQ OMX Group on October 22, 2010. It enables investors to trade ADRs of Asian companies during Asian trading hours, such as Ctrip, China Mobile and Honda.
Phillip provides online real-time quotes(upon subscription to our data vendor, CyberQuote (HK) Limited, click here for details or contact our customer service officer at +852 2277 6555) and transaction services for the shares listed on the Singapore Stock Exchange. Combining the transactions and the real-time quotes into one layout, you could carry out stock quoting and trading at the same time.Alternatively, you can visit SGX's website for delayed price quote, but please be aware that SGX's Trading Code is DIFFERENT from our Stock Code.
Please click here for depository steps and related depository bank account information.
Exchange-Traded Fund “ETF”, Real Estate Investment Trust “REIT” and Business Trust “BT” are the SGX’s popular securities among international investors. What is ETF? Needless to say more. The number of ETFs listed on SGX is about 90, 3 counters with relatively high turnover are iShare MSCI India Index (SGD-denominated: ISMIA.SG, USD-denominated: ISMI.SG), SPDR Strait Times Index (STIS.SG) and iShare Asia High Yield bond (SGD-denominated: ISAHYA.SG, USD-denominated: ISAHY.SG). For detail on ETFs, please Click Here to SGX’s ETF pages.
Real Estate Investment Trust "REIT" is a collective investment schemes, primarily investing in income-generating real estate properties in Singapore and/or overseas, such as shopping malls, offices, hotels and service apartments, with an aim to provide investors with stable income. All or the majority of a REIT's net income after tax is paid to investors in the form of dividends at regular intervals. As pursuant to prevailing regulations of Monetary Authority of Singapore, a REIT may also invest in listed or unlisted debt securities and listed shares of or issued by local or foreign non-property companies, securities issued on behalf of the Singapore government or foreign governments or by a supranational agency or by a Singapore statutory board, or cash and cash equivalent items. The majority of a REIT’s assets must, however, be made up of real estate or real estate-related assets. Moreover, investors are reminded that a REIT's available distribution amount is adjusted by profit / loss realized in revaluation or sale of its real estate projects. In addition to REIT, there are two alternatives in real-estate related vehicles - Property Trusts and Stapled Trusts, the later is a hybrid of REIT and Property Trust. For detail and the list of REITs, please Click Here to SGX's REIT pages. 3 Popular REITs with relatively huge turnover are ASCENDAS REAL ESTATE INVESTMENT TRUST (ARE.SG), CAPITALAND MALL TRUST (CTM.SG), CAPITALAND COMMERCIAL TRUST (CCT.SG).
Business Trust "BT" fits for corporations with stable business and growing cash flow, such as infrastructure, utility, shipping and transportation vehicle leasing. The advantage is that investors have direct exposure to cash flow-generating assets, securitizing huge-capital assets into liquid and affordable units. Business Trust has an attribute of generally higher payout ratio and complies with Trustee-Manager accord while considering acquisition of assets. Trustee and manager takes active approach to increase rate of return through business expansion and asset acquisition, their incentives generally are aligned with the interest of unit holders. The key risk of investing in BT is on its asset holding and investment focus, for example, future distribution does not match expectation and unstable condition of its business geography. Three BTs with relatively good turnover are HUTCHISON PORT HOLDINGS TRUST (SGD-denominated: HPHSG.SG, USD-denominated: HPH.SG)、KEPPEL INFRASTRUCTURE TRUST (CSIT.SG)、ASIAN PAY TELEVISION TRUST (APTT.SG).
Note: All information of SGX and listed companies is in English. The links below are some of SGX's, please Click Here to its website.
|Watch list - Stock|
|Watch list - (REITs)|
|Watch list - (ETFs)|
|Stock(s) triggering circuit breaker|
|Heatmap (Industry & Companies)|
|Equity Indices Analysis and Charts|
|Monthly Market Statistics Report|
|Stock price download over the past 20 trading days|
|Short sale data (Phillip HK does not provide SG stock lending / short sale services)|
|Listed Company Disclosure|
|Annual / Financial Reports|
|ISIN and SingID Check|
|Trading & Settlement|
|SGX - Market Regulator|
|SGX's Rule Books|
|SGX Academy (free/paid, online/classroom courses, from beginner to professional)|
|Multi-function Stock Screener - StockFacts|
In the shortlisted result, you can
Joining Phillip’s Share Mortgage Scheme, customer can purchase stocks from a designated stock list at market price by just deposit 30% of the value of the intended stock (minimum HK$30,000). The remaining 70% of the investment amount will be financed by Phillip.
For the details of Share Mortgage Scheme, click here
For margin ratio of each stock, click here