Cautious Optimism: Singapore Exchange Holds Steady Amidst Uncertain Macroeconomic Conditions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
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Source: Business Insider
Analyst Rating: UOB Kay Hian analyst Llelleythan Tan maintains a Hold rating on Singapore Exchange (SPXCF) with a price target of S$11.83, citing strong anticipated revenue growth in the first half of FY25 but caution due to uncertain macroeconomic conditions.
Company Overview: Singapore Exchange Ltd. operates through various segments including Equities and Fixed Income, Derivatives, Market Data and Connectivity, and Corporate services, focusing on trading, clearing, and administrative functions since its founding in 1999.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
