Finalto is pleased to announce the addition of SGISGD – MSCI Singapore Index
to its trading platforms. The addition of the index marks another milestone in Finalto’s
expansion into the Asia market in the past year. Since it opened the Finalto office in 2019,
the company has been building its presence in the region to provide the very best service to
clients. However, it’s not just the Asian market that will be interested in the addition of
SGISGD – MSCI Singapore Index. The MSCI Singapore Index was created to measure the
performance of the large and mid-cap segments of the Singapore market. Made up of 20
constituents, the index covers around 85% of the free float-adjusted market capitalisation
of Singapore equity. The addition of the MSCI Singapore Index to our platform lets our
clients get exposure to Singapore’s economy with a single position. “It’s not been an easy
time for global equity markets in 2022. Driven by inflation, rising bond yields and worries
about a global economic slowdown, investors have been de-risking portfolios by reducing
exposure to equities,” said Neil Wilson, Finalto’s Chief Market’s Analyst. “Singapore is,
however, looking in a much better shape than many developed markets and its stock market
reflects this healthy outlook. Shares on the STI have outperformed most major markets in the
first half of the year, trading virtually flat to slightly positive in the first six
months.” He added that in a global economy that seems to be destabilised by inflation and
recession, Singapore is looking increasingly attractive. “Singapore’s economy is not at risk
of recession or stagflation at this stage, according to finance minister Lawrence Won, and
investors are looking favourably on the country as a destination for capital. Even
post-covid amid the turmoil in global markets this is a roaring Asian tiger.” To find out
more information about the extensive offering from Finalto contact sales@finalto.com Service available only to Professional clients
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