Singapore Exchange Adds SpaceX and Grab to Depository Receipt Lineup

The new offerings allow local investors to trade global equities in Singapore dollars during domestic market hours. By integrating U.S.-listed assets into the local bourse, the exchange seeks to reduce trading friction and cater to a growing appetite for thematic, growth-oriented investments. This expansion brings the total number of Singapore Depository Receipts (SDRs) to 38, covering markets in Thailand, Hong Kong, Indonesia, and the United States.

Market analysts suggest the move will likely attract younger investors who have historically looked beyond Singapore’s traditional income-focused stocks. Luke Lim of PhillipCapital noted that providing access to these global brands is a vital step for portfolio diversification. Meanwhile, James Ooi from Tiger Brokers expects the inclusion of high-profile technology firms to boost liquidity and broaden participation across the broader Singaporean equity market. The initiative aligns with ongoing multi-billion-dollar reforms designed to revitalize market efficiency and strengthen the city-state’s position as a regional financial hub.