Should I buy Singapore Exchange stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Singapore Exchange for over three years. Every month, hundreds of thousands of users in Singapore trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by Singapore Exchange.

What is the Singapore Exchange?

Singapore Exchange Stock Price

The price of Singapore Exchange stock is rising this week. As of now, the current price stands at SGD 15.16, with a 24-hour change of -SGD 0.01 and a weekly gain of 1.88%. Singapore Exchange boasts a market capitalization of SGD 16.21 billion, with an average 3-month volume of 3.1 million shares. Its P/E ratio is 24.85, while the dividend yield is 2.42% and the stock's beta is 0.26, reflecting low volatility. Recent gains suggest Singapore Exchange remains a resilient and attractive option for local investors seeking stability and long-term growth.

Our full analysis of the Singapore Exchange stock

We have carefully reviewed Singapore Exchange's latest financial statements along with its price performance over the past three years, blending proprietary algorithmic analysis across technical indicators, market data, sector positioning, and major competitor benchmarking. This holistic approach offers a multidimensional view, allowing us to objectively evaluate the current and prospective merits of the stock. So, why might Singapore Exchange stock once again become a strategic entry point into the Asian financial infrastructure sector in 2025?

Recent performance and market context

Singapore Exchange stock has delivered a remarkable performance, climbing to SGD 15.16 as of early July 2025—a gain of over 58% year-on-year and 20% in the past six months. This ascent stands out among regional bourses, particularly as the exchange’s own operations benefit from healthy market activity and volatility in both equities and derivatives. The rally has been supported by robust interim results, including half-year revenue up 15% and net profit growth of 27.3%, both surpassing analysts’ expectations. International investor appetite for Asian growth assets, combined with Singapore’s stability as a financial centre, provides a favorable backdrop. Amid global macroeconomic shifts—a softer interest rate outlook and strong regional capital flows—Singapore Exchange presents itself as a defensive and growth-linked play for Southeast Asian portfolios.

Technical analysis

A closer look at SGX’s technical landscape further reinforces the positive momentum. Despite a 14-day RSI reading of 71.47 indicating short-term overbought conditions, the MACD remains constructive above zero and price continues to hold above key moving averages: 20-day (SGD 14.34), 50-day (SGD 14.18), 100-day (SGD 13.59), and 200-day (SGD 12.71). All major moving averages signal an established bullish trend, with short- and long-term buyers stepping in on every minor dip. Recent price action has respected the critical support level at SGD 15.09, with resistance forming at SGD 15.34. Notably, a persistent “buy” signal from averages suggests ongoing accumulation, while the formation of new highs within a tight volatility band indicates underlying strength. The strengthening reversal structure supports the case for continued upside, particularly on any healthy pullback.

Fundamental analysis

On a fundamental basis, Singapore Exchange offers a compelling case driven by resilient revenue streams and scalable growth. Latest figures showcased half-year revenue of SGD 646 million and net profit of SGD 320 million, translating to an annualized EPS above SGD 0.60. The 2.42% dividend yield, distributed quarterly, provides stable income, and the current P/E ratio of 24.85 remains justified by secular growth, balance sheet strength, and best-in-class profitability margins. SGX’s unique multi-asset platform covers equities, fixed income, derivatives, and currency trading, demonstrating clear leadership in regional markets. The group is proactively digitalizing its service suite and leveraging partnerships with global exchanges and technology providers. From a management standpoint, leadership under CEO Loh Boon Chye continues to inspire trust; strategic innovation and client-centric platform development have kept SGX ahead of both regional and global peers. Strong brand equity, global connectivity, and recurring fee growth further support the ongoing re-rating of the stock.

Volume and liquidity

Singapore Exchange maintains exceptionally high secondary market liquidity, averaging 3.1 million shares traded daily over the last three months. This sustained turnover not only reflects robust institutional and retail interest, but also underpins market confidence in the stock’s ability to absorb large transactions with minimal slippage. The substantial share float ensures dynamic repricing in response to market news, facilitating both speculative and long-term strategic positioning. Elevated liquidity has historically contributed to tighter spreads and lower transaction costs, making SGX a preferred choice for tactical trading and buy-and-hold investors alike.

Catalysts and positive outlook

A number of powerful positive catalysts suggest the coming quarters could further enhance the investment case for Singapore Exchange:

• Expansion of derivatives and FX trading: The recent strengthening of the OTC FX trading business and ongoing capture of benchmark equity contracts (such as FTSE China A50 futures) are accelerating top-line growth.
• Technological innovation and digital connectivity: SGX continues to roll out new digital infrastructure, with global data feeds and trading access that appeal to international participants.
• ESG and sustainable finance leadership: Development of new, sustainable investment products aligns SGX with global asset managers seeking responsible investment solutions.
• Strategic management changes and product launches: The appointment of sector leaders and continued product innovation are fostering new growth verticals.
• Resilient APAC market dynamics: Benefiting from Singapore’s status as an Asian financial hub and regional macro stability, SGX stands well positioned to thrive regardless of cyclical headwinds.

Medium-term guidance from management targets annual revenue growth of 6-8%, propelled by robust demand for multi-asset risk management and data solutions. This outlook is confidently endorsed by multiple analyst “buy” ratings and an upward revision in consensus target price.

Investment strategies

For investors assessing entry points, current conditions appear attractive for short-, medium-, and long-term positioning:

• Short-term: Technical momentum, high trading volume, and supportive moving averages provide ideal trading setups for tactical buyers.
• Medium-term: Upcoming catalysts—including index rebalancings, product launches, and further market liberalization—represent potential trigger points for accelerated appreciation.
• Long-term: Resilient cash flows, defensive qualities, and consistent dividend payouts make SGX an excellent anchor holding in growth-oriented, income, or diversified portfolios.
• Optimal entry strategy might involve building positions during minor consolidations above the SGD 15 support zone or ahead of well-flagged earnings releases and product launches.

For investors keen on sector rotation or those seeking regional champions, SGX’s fundamentals, liquidity, and sector leadership argue for more than just tactical engagement: they make a strong case for a core buy-and-hold allocation.

Is it the right time to buy Singapore Exchange?

In summary, all key signals—technical, fundamental, and market-based—align to support a bullish stance on Singapore Exchange. Its resilient earnings profile, sector leadership, strong dividend record, and unique exposure to Southeast Asian growth economies stand out in the region. Current valuations remain compelling in light of robust profitability, rising free cash flow, and management’s proven ability to adapt and innovate ahead of the curve. Given the breadth of catalysts ahead—including new product lines, digitalization initiatives, and sustained high trading volumes—the stage appears set for continued outperformance.

Singapore Exchange therefore seems to represent an excellent opportunity for investors seeking reliable growth, low volatility, and resilient income within a vibrant Asian financial ecosystem. In our view, the fundamentals justify renewed interest and the stock may be entering a new bullish phase as we head into 2025. With so many favorable factors converging, Singapore Exchange stands out as a stock that deserves serious consideration for inclusion in both tactical and long-term investment portfolios.

How to buy Singapore Exchange stock

Buying Singapore Exchange stock online is simple, safe, and convenient when you use a regulated Singapore-based broker. Investors typically choose between buying shares directly (“spot buying”) or trading Contracts for Difference (CFDs). Spot buying gives you ownership of the stock, while CFDs allow you to trade on margin, both methods providing fast access. Below, you’ll find a clear comparison of different brokers to help you choose the right platform.

Spot buying

A cash purchase involves directly buying Singapore Exchange shares on the stock market—you become the legal owner of the shares. Local brokers generally charge a fixed commission per order, often between SGD 5 and SGD 15.

Gain Scenario: Singapore Exchange Share

If the Singapore Exchange share price is SGD 15.16, you can buy around 65 shares with a SGD 1,000 stake, including a brokerage fee of around SGD 5.

✔️ Gain scenario: If the share price rises by 10%, your shares are now worth SGD 1,100. Result: +SGD 100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFDs (Contracts for Difference) let you speculate on Singapore Exchange stock price movements without owning the shares. Instead of a commission, you pay the spread (the difference between buy/sell prices) and overnight financing fees for leveraged positions.

CFD Gain Scenario: Singapore Exchange Shares

You open a CFD position on Singapore Exchange shares, with 5x leverage and a SGD 1,000 investment.

This gives you a market exposure of SGD 5,000.

✔️ Gain scenario:

If the stock rises by 8%, your position gains 8% × 5 = 40%.

Result: +SGD 400 gain, on a stake of SGD 1,000 (excluding fees).

Final advice

Before investing, always compare brokers’ fees, platforms, and support services, as they can significantly impact your returns. Your choice between spot buying and CFD trading should align with your objectives, risk appetite, and trading style. For a detailed side-by-side comparison, see our broker table further down the page.

Our 7 tips for buying Singapore Exchange stock

The latest news about Singapore Exchange

Singapore Exchange announces record half-year revenue and net profit growth. SGX reported first-half FY2025 revenue of SGD 646 million, marking a 15% increase versus H1 FY2024, with net profit surging 27.3% to SGD 320 million. This marks its best half-year operational performance since listing, demonstrating strong earnings quality and successful expansion in OTC FX and derivatives trading.

SGX’s share price hits new 52-week high, supported by robust market sentiment. Over the past week, Singapore Exchange shares reached SGD 15.16, near their 52-week maximum of SGD 15.36, closing the week up 1.88%. The performance reflects sustained investor optimism as SGX’s market capitalization reached SGD 16.21 billion and daily trading volumes remain steady at 3.1 million shares.

Technical signals support a bullish medium-term outlook for the Singapore Exchange stock. Despite short-term overbought signals on the RSI (71.47) and stochastics (91.01), all key moving averages (20, 50, 100, and 200 days) remain in clear buy territory, indicating persistent upward momentum. The strong support at SGD 15.09 has been maintained, and the technical outlook remains positive for active market participants.

Management confirms guidance for 6–8% revenue growth, aligning with SGX’s medium-term strategy. Guidance from management during recent results presentations reiterated a target for annual revenue growth of 6% to 8%, driven by the expansion of OTC FX and derivatives offerings. This consistency continues to reassure institutional and retail investors about SGX’s ability to deliver profitable and predictable growth in Singapore’s evolving financial sector.

Recent leadership changes drive new strategic initiatives in FX and technology innovation. The appointment of Jean-Philippe Malé as CEO of SGX FX in April 2025 has accelerated investments and development in FX trading platforms. These changes further strengthen Singapore Exchange’s position as the region’s hub for financial innovation and multi-asset connectivity, underpinning long-term value for stakeholders in Singapore and globally.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.