o SG$34.6 billion, and securities daily average value climbed 58% to SG$1.65 billion.

Why should I care?

For markets: More trading can mean deeper liquidity.

Higher turnover often makes price moves more reliable, because it’s easier for big investors to get in and out without moving the market too much. That matters for Singapore, where liquidity can be a sticking point versus larger Asian bourses. Stock-specific headlines also helped: AsiaPhos jumped nearly 13% after a non-binding LOI with China Mobile International linked to data center and AI computing opportunities, while Metro Holdings rose almost 6% on plans to sell its 26% stake in Boustead Industrial Fund.

The bigger picture: A growth upgrade changes the mood.

For a trade- and services-led economy, a forecast lift can ripple through hiring, capital spending, and credit creation, which then feeds back into corporate profits. If that momentum holds, it could support more listings and fundraising – and that’s a direct tailwind for SGX’s fee-based businesses. The flip side is that stronger growth can also keep policy cautious on inflation, so markets will watch whether the pace cools after a punchy quarter.