SINGAPORE, July 27 — Singapore Exchange Ltd, Asia’s second-biggest listed bourse, reported a 23 per cent drop in quarterly profit, hurt by a fall in securities income as volumes declined on global economic uncertainties.
The Singapore bourse operator reported April-June net profit of S$61.1 million (RM154.3 million), less than the S$79.5 million a year ago. The latest profit was below the S$67 million average forecast by five analysts surveyed by Reuters. Full story
