Stock Name: SGX
Company Name: SINGAPORE EXCHANGE LIMITED
Research House: DMG
Company Name: SINGAPORE EXCHANGE LIMITED
Research House: DMG
DMG & Partners Securities in a Mar 28 research report says: "March 2011 average daily turnover (ADT) of ~$1.58 billion is below our expectations, and we cut our FY2011 ADT assumption to $1.74 billion, from $1.78 billion. This assumes 4QFY11 ADT of $1.91 billion, which is fair considering the improving market sentiments after the recent Japan earthquake concerns.
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