Report
Michael Wu
EUR 100.00 For Business Accounts Only

Singapore Exchange Wraps up Fiscal 2018 with Solid 4Q Result

Narrow-moat-rated Singapore Exchange, or SGX, wrapped up fiscal 2018 with a solid fourth-quarter result. Fourth-quarter net profit was SGD 83.7 million, slightly lower compared with SGD 85.2 million in the same period last year. This was mainly due to higher staffing costs, which offset higher revenue from both securities and derivatives trading. Fourth-quarter profit tends to be lower against previous quarters in the same year as investments are usually incurred before year-end. Full-year net p...
Underlying
Singapore Exchange Ltd.

Singapore Exchange is an investment holding company. Co. and its subsidairies are organised into three main business segments as follows: Securities market, which provides listing, trading, clearing, depository, market data, member services, connectivity, collateral management and issuer services; Derivatives market, which provides trading, clearing, market data, member services, connectivity and collateral management; as well as Other operations, which provides market data, connectivity and other services apart from those listed in the Securities market and Derivatives market segments. Co. and its subsidairies operate primarily in Singapore.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Wu

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