Singapore Exchange (SGX) saw decreases in trading activities in daily leverage certificates (DLCs) and structured warrants in July, though the investor appetite remained strong.

SGX reported a drop in DLC activity, with the daily average turnover reaching S$15m (US$11.8m) in July, down 13% month-on-month (MoM) but a 79% growth year-on-year. The overall DLC trading remained bullish with a 63 to 37 long-short split in the month, according to its recent market update. Foreign single-stock DLCs made up half of total DLC turnover, reporting S$167m in cumulative turnover for the month Within index-based products, HSTECH DLCs continued to dominate the trading with S$99m in