Singapore Exchange facing a lull next quarter
Softer trading values predicted until December.
After recently announcing slower revenue but hgher net profit from June to August, Singapore Exchange will see further trading slowdown until December before gaining its stride when the new year begins, according to DBS.
"4QCY13 is typically a slow quarter. We see limited catalysts for SGX given soft trading values ahead. Possible revival of trading activity in 1QCY14 may add traction," said DBS.