Exchange Securities was officially renamed SGX Stock Exchange on Monday, marking the 60th anniversary of the Straits Times Index. The rebranding was announced by SGX Group CEO Loh Boon Chye at a ceremony at the SGX Centre’s Arena.
“This reinforces its role as the core pillar of SGX group’s multi-asset ambitions and its importance to Singapore as an international financial centre,” Loh said.
The announcement comes as Singapore’s equity market shows signs of recovery. The STI delivered a total return of over 25 per cent in 2025, reaching record highs. Over five years, the index has gained more than 100 per cent in Singapore dollar terms, according to National Development Minister and Monetary Authority of Singapore deputy chairman Chee Hong Tat.
The total market value of SGX-listed companies crossed the $1 trillion mark in 2025, while the average daily traded value for the year was the highest since 2010. Trading volumes in small- and mid-cap stocks surged more than 40 per cent compared to 2024.
IPO activity rebounded significantly, with over $2.4 billion raised in 2025 – the strongest showing since 2019. The recovery follows a $5 billion Equities Market Development Programme led by MAS, with $3.95 billion already allocated to nine asset managers, including BlackRock and JP Morgan Asset Management.
“Our journey to rebuild a vibrant stock market has started well in 2025, but all stakeholders must work even harder this year,” Chee said, cautioning that sustained effort is needed.
The STI, launched in 1966 as the Straits Times Industrial Index, now tracks Singapore’s top 30 blue-chip companies and represents about 85 per cent of the market’s total capitalisation. The three local banks, DBS, OCBC and UOB, account for nearly half of the index’s weight.