How Singapore Can Rejuvenate the SGX

The Singapore Exchange (SGX) has long been a key financial hub in Asia, but in recent years, there has been growing concern about its declining vibrancy in the market.

The number of companies listed on SGX, Singapore’s stock exchange, hit a two-decade low last year, falling to 617 from a high of 782 in 2013. - Financial Times

The Singapore government is now taking steps to revitalize the SGX by investing S$5bn in funds focused on the local equity market.  There are also proposals on tax incentives for companies and investors and an easier listing process.

The Role of Investor Relations (IR) Websites in Market Performance

Our research at Konigle has highlighted the direct impact of well-structured investor relations (IR) websites on stock performance. In our State of IR Websites in SGX report, we analyzed how companies with comprehensive IR pages tend to see better investor engagement and, in some cases, stronger stock performance.

Key Findings from Our Study:

• Mobile responsiveness correlates with 8x higher trading volumes.
• IR websites that include company information see 47x higher trading volumes.
• Stock information availability increases trading volumes by 1.6x. Including stock trends and historical data fosters trust and transparency.
• Press releases lead to 1.4x higher trading volumes. Regular updates keep investors informed and engaged, enhancing market confidence.

How SGX Companies Can Capitalize on This?

To align with the government’s push for revitalization, companies listed on SGX should invest in better digital investor engagement. This includes:

1. Upgrading IR Websites: Ensuring their IR portals are structured, visually appealing, rich in financial insights and have all required features.
2. Leveraging AI and Automation: Tools like Konigle’s Investor Portal and email marketing can help automate updates, ensuring investors always have access to the latest data.
3. Enhancing Transparency: Providing real-time updates and detailed breakdowns of financial reports builds trust and investor confidence.

How Konigle Can Help

At Konigle, we have built and optimized high-quality IR websites that meet industry standards and have associated with the Association of Singapore Listed Companies (SGListCos) to revamp their own website.

Here is how we can help:

• Develop a complete IR website tailored to your company’s needs.
• Automate updates for stock prices, press releases, and financial reports.
• Ensure mobile-friendly and SEO-optimized structures for maximum reach and engagement.

Check out a sample of our IR website here.