SGX

SGX: SGX will report its 1QFY16 results on Wednesday 21 October, with Detusche expecting the results to be strong, with cash market average daily turnover at a two-year high, The house is forecasting net profit of $96m (-1% qoq). But with China A50 volume dropping to it lowest level since Feb 2015 (5.8m contracts in September) and the primary market continually weak, most investors are keenly awaiting what the new CEO will unveil for his new direction and priorities for the exchange going forward.