Reuters UK, 14 Jan 2009, Mette Fraende in SYDNEY, Parvathy Ullatil in HONG KONG and Kevin Lim in SINGAPORE
SYDNEY, Jan 14 (Reuters) - Profits at the Singapore and Hong Kong stock exchanges are expected to more than halve due to tumbling trading volumes and a lack of IPOs, but their Australian rival is set to outperform after a wave of capital raisings and lower payments to brokers.
Asia's three major listed bourses have all suffered from a steep fall in trading volumes of stocks and other securities as a worldwide slump in equity markets sidelines investors.
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