Report
SGX reduces board lot sizes for 11 stocks, including Singapore’s three banks
The Straits Times reports that eligible shares priced between $10 and $100 now have a minimum trading quantity of 10 units, down from 100.
TLDR
The Straits Times reports that SGX’s smaller board lots took effect on October 5 for 11 stocks, including DBS, OCBC and UOB. For eligible shares priced between $10 and $100, the minimum trading quantity fell from 100 to 10 units; for those above $100, it is one unit. SGX says the change is expected to make trading more affordable for retail investors.
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