New scheme to boost SGX-listed stocks


Renewed focus: Pedestrians near the Singapore Stock Exchange building. The central bank says it will launch a S$5bil programme to invest in the country’s stocks. — Reuters

SINGAPORE: A review group set up to strengthen the local stock market has announced new initiatives aimed at increasing interest from both retail and institutional investors, while also improving trading liquidity.

The Monetary Authority of Singapore (MAS) will launch a S$5bil programme through which it will partner with selected fund managers to invest in Singapore stocks, it said last Friday.

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MAS , SGX , Singapore

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