Singapore Exchange - Vague signs of a turning point

Stock Name: SGX
Company Name: SINGAPORE EXCHANGE LIMITED

Research House: CIMB

Price Call: HOLD

Target Price: 6.99

Target S$6.99

The quarter marks a modest rebound from an extremely slow Dec quarter. Positive signs are traction for the China A50 contract and good cost control. Trading activities remain lethargic. The hope is that high-frequency trading can change that, we cross our fingers

Source: CIMB Daybreak - 18 April 2012, Full PDF Report