HOW TO READ A STOCK CODE
What Is A Stock Index?
A stock index is a collection of companies that are grouped together as a measure on how the stock market and the economy is faring. Most major exchange would have one benchmark index that tracks the performance of the stock market.
Some of the common indices in Asia are:
- Hong Kong: Hang Seng Index (30)
The main index in Hong Kong is the Hang Seng Index. It is a market capitalization weighted index of thirty of the largest companies listed on the Hong Kong Exchange. You can find the list of the 30 companies here.
- Singapore: Straits Times Index (30)
Similarly, the main index in Singapore is the Straits Times Index. It is a market capitalization weighted index of some of the thirty largest companies listed on the Singapore Exchange. You can find the list of the 30 companies here.
- Malaysia: Kuala Lumpur Composite Index (30)
In Malaysia, the main index is called the Kuala Lumpur Composite Index. It is a market capitalization weighted index of some of the thirty largest companies listed on Bursa Malaysia. You can find the list of the 30 companies here.
How To Read A Stock Code On SGX
The Name of the company or security.
Specified Investment Product: These securities can only be bought by certified investors. Your brokerage can help with the process of getting certified. Typically, these products are listed as complex products and investors would need to be financially trained to buy them.
The ticker code of the company or security. For example, DBS Group Holdings has a ticker code of D05.
Any additional remark about the company will be made here. Remarks can include:
- Pending listing
- Ex Dividend
- Ex Bonus
Listing type: The section highlight if the company or security has a primarily or secondary listing on SGX. Primary listing means that the SGX is the first point of listing for the company, while secondary would mean that the company has a duel-listing status somewhere else on its home exchange. Example of companies listed on SGX as a secondary listing are:
- IHH Healthcare Bhd – Primary Listing at Bursa Malaysia
- Hongkong Land Limited – Primary Listing at London Stock Exchange
- Fortune REIT – Primary Listing at Fortune REIT
Minimum lot size: The current minimum lot size in Singapore is 100 shares. This mean you would need to buy at least 100 shares of the company you are investing in.
Its last traded price.
How much has the price changed from the last closing price.
How much has the price changed from the last closing price in term of percentage.
The total volume of shares traded that day. This is calculated in term of the 1,000 shares. So if a company like UOB has traded 98.0 Vol, it means a total of (98 x 1000) 98,000 shares have changed hand that day.
The current volume of buyers in the market.
The current buying bid price.
The current selling ask price.
The current volume of sellers in the market.
The opening price of the stock that day.
The highest price of the stock that day.
The lowest price of the stock that day.
The total value of trade that were executed that day. This is counted in SGD.
The home exchange of the security if it has a primary listing elsewhere other than Singapore.
Classification of Home Jurisdiction
The classification of the home country of the company’s listing status.
Continuing Listings Obligations
This is only applicable for securities which counts Singapore Exchange as its primary place of listing. It is required to follow the SGX-ST Listing Manual to maintain its listing status in Singapore.
This is the industry or sector classification of the company or securities.