Singapore Exchange SGX has reduced the minimum lot size of 1,000 to 100 shares. For Singapore stock like Noble Group ($4.13 per share), 1 lot would only require $413 and most SGX counters are below $4. But since there is an average of $25 minimum commission policy. Your cost of investment will be high if your SGX Share tradingabout is low.
Another concern about small sum is that you are unable to buy enough stocks to build a portfolio for diversification, in this case, you can consider investing in STI ETF. As of today share price is around $2.80, a single lot would require only $280 and you immediately own 30 blue chip stocks . . .
Comments
Post a Comment