Singapore Exchange posts 2.6% increase in 2Q earnings to S$99.0 mil, acquires 93% stake in Scientific Beta for S$280 mil

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SINGAPORE (Jan 23): Singapore Exchange (SGX) reported 2Q20 earnings of S$99.0 million, 2.6% higher than S$96.5 million a year ago. 

This brings 1H20 earnings to S$213.3 million, a 13.7% increase from S$187.6 million reported for 1H19. 

Operating revenue for the quarter saw a 3% increase to S$230.9 million compared to S$224.2 million in 2Q19. This was spearheaded by a 19.9% spike in the exchange’s fixed income, currencies and commodities segment, as well as...(click on link for full story on theedgesingapore.com)