Iggy’s Journal: SGX Weekly Review: One Winner Trades in US Dollars, One Is Also US-Listed. What Changes for You?Sunday 2…
Iggy’s Journal: SGX Weekly Review: One Winner Trades in US Dollars, One Is Also US-Listed. What Changes for You?
Sunday 25 Oct 2026 | Afternoon
The Numbers
From the weekly review: JMH rose a little over 5% in US dollars across the five trading days. AvePoint, another name in the review, is listed in both the United States and Singapore. $AvePoint(AVP.SG)
An illustration from the episode, with made-up numbers: a share priced at US$10 rises to US$10.50, a gain of 5%. A S$13 starting value becomes S$13.02 after the exchange rate weakens, which implies a move from about S$1.30 to S$1.24 per US dollar (my back-calculation).
My Personal Take
A percentage without its currency is half a sentence. In the example, a 5% gain in US dollars moved a S$13 holding by 2 cents. The AvePoint half interests me more, because a company listed in two places may announce on the American schedule.
📺 YouTube: https://youtu.be/2lxBrQHDPVE
Cheers, Iggy 🦖
Not financial advice. Iggy’s Forensic Compliance Standards apply.
Long image
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.