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'Landmark partnership': Singapore's SGX ties up with Nasdaq for dual listings to boost stock market

1. Singapore Exchange partners with Nasdaq for dual listings enhancement. 2. New 'Global Listing Board' aims to attract large companies and investors. 3. Average daily turnover in Singapore's market rose 16% year-on-year. 4. Investor engagement increases, especially in small and mid-cap stocks. 5. Potential hurdles include lower liquidity compared to Nasdaq.

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FAQ

Why Bullish?

The initiative could increase market appeal, leading to higher investment flows. Historical examples suggest regulatory enhancements boost stock performance.

How important is it?

Streamlining regulations and improving capital access are significant moves for growth. The global nature of the partnership enhances its importance.

Why Long Term?

Changes in market structure will take time to fully influence investor sentiment and liquidity. Previous initiatives in other markets show gradual improvement.

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