How well do you know the Singapore stock market?
How well do you know the Singapore stock market?
The Singapore stock market might look small compared to Wall Street, but it punches above its weight in banking, REITs and dividend plays. Whether you’re just starting out or already building a portfolio, it helps to know the basics of how the local market works.
Take this short quiz to test your knowledge of the Singapore stock market and spot any gaps before you put more money to work.
Quiz How many of these can you get right?
Click on “Show answer” after each question to reveal the correct choice and explanation.
Q1.What is the main benchmark index for the Singapore stock market?
Show answer & explanation
Correct answer: B. Straits Times Index (STI). The STI tracks 30 of the largest and most liquid companies listed on Singapore Exchange (SGX) and is the key barometer for Singapore’s equity market.
Q2.Roughly how many constituent stocks make up the Straits Times Index (STI)?
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Correct answer: C. 30. The STI is a 30-stock index representing major blue-chip counters in Singapore across banking, real estate, telcos and other key sectors.
Q3.What is the usual minimum board lot size for most stocks listed on SGX?
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Correct answer: C. 100 shares. For most counters, SGX uses a board lot size of 100 shares, meaning you place orders in multiples of 100. Some products (like certain ETFs or DLCs) may trade in different lot sizes.
Q4.Which of the following is closest to the primary role of SGX (Singapore Exchange)?
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Correct answer: C. To operate the securities and derivatives markets. SGX is the exchange where stocks, REITs, ETFs, bonds and derivatives are listed and traded. Financial regulation in Singapore is handled by the Monetary Authority of Singapore (MAS).
Q5.Which statement best describes a Singapore-listed REIT (S-REIT)?
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Correct answer: B. REITs (Real Estate Investment Trusts) own and manage property portfolios, distributing a large portion of their rental income to unit holders as dividends, which is why they’re popular among income-focused Singapore investors.
Q6.In what currency are most SGX stocks primarily traded?
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Correct answer: C. Singapore Dollars (SGD). Most counters on SGX trade in SGD, although some listed products, especially foreign counters or specific ETFs, may be denominated in other currencies.
Q7.What is the Central Depository (CDP) account used for in Singapore investing?
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Correct answer: B. A CDP account is where your SGX-listed stocks, REITs and bonds are safekept electronically when you use the CDP-linked (custody) model via local brokers.
Q8.Which of the following is the best investing habit for Singapore stock investors?
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Correct answer: C. Good investing practice includes diversification, knowing your risk profile and time horizon, and understanding each stock or REIT before buying. Fees, liquidity and currency risks should also be considered.
0–3 correct: You’re just getting started – build your foundation before taking big positions.
4–6 correct: Not bad – you know the basics, but there’s room to sharpen your strategy.
7–8 correct: Strong grasp – now focus on portfolio construction, risk management and long-term planning.
Want a second opinion on your portfolio?
If you’re planning your next move – whether it’s reallocating from property to equities, reviewing your REIT exposure, or just getting clarity on risk – reach out for a no-obligation chat.
