Singapore Exchange (OTCMKTS:SPXCY) Downgraded to Hold Rating by Zacks Research

Zacks Research lowered shares of Singapore Exchange (OTCMKTS:SPXCYFree Report) from a strong-buy rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

Singapore Exchange Price Performance

Shares of SPXCY stock opened at $39.03 on Monday. The stock has a 50 day moving average price of $37.32 and a 200 day moving average price of $33.39. Singapore Exchange has a 52-week low of $24.36 and a 52-week high of $39.80.

Singapore Exchange Company Profile

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Singapore Exchange Limited (SGX), trading on the OTCMKTS under the symbol SPXCY, is Singapore’s primary securities and derivatives exchange. The company operates multiple business segments, including the securities market, derivatives market, and post-trade services. On its securities market, SGX provides trading, clearing and settlement for equities, fixed income, exchange-traded funds (ETFs), real estate investment trusts (REITs), and structured products. Its derivatives platform offers futures and options on equity indices, single stocks, interest rates, foreign exchange, commodities and carbon credits.

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