How well do you know the Singapore
stock market?

Welcome to The Sunday Times stock market quiz! Whether you’re the Warren Buffett of Singapore, a casual kopitiam market watcher, or just dipping a toe into the world of stocks, let’s put your knowledge to the test – and no cheating with ChatGPT!

1 Let’s time-travel to the 1990s: The listing of this company made every Singaporean a stock owner. Does it ring a bell?

A) Singapore Telecommunications
B) Singapore Post
C) Singapore Bus Service

2 Flashback to Covid-19, when we and our planes were all grounded: How did Singapore Airlines raise $8.8 billion to survive the pandemic?

A) Borrowing big from the banks
B) Selling more shares at a discount
C) Trading KrisFlyer miles

3 If you picked up 1,000 shares in each of these companies at the start of the year,  which one would have delivered the biggest returns by end-September?

A) DBS
B) Nvidia
C) Sea

4 It writes the rules, cracks the whip, and gives directions sometimes. Who polices Singapore’s money playground?

A) SGX RegCo
B) Ministry of Law
C) Monetary Authority of Singapore

5 All listed companies in Singapore must pay dividends.

A) True
B) False
C) Depends

6 Can investors sell shares they do not own on the Singapore Exchange (SGX)?

A) Of course
B) No way
C) Depends

7 The Straits Times Index (STI) features Singapore’s top 30 blue-chip stocks. How do companies earn a spot on the STI?

A) They must be very famous
B) They must employ the most staff
C) They must have the largest market value and be traded the most

8 SGX recently launched a new index to shine a spotlight on 50 mid-sized companies. What is this index called?

A) SGX Nifty 50
B) STI 50 Rising Stars
C) iEdge Singapore Next 50

9 In October, SGX announced it would remove its financial watch list after receiving broad support for the move. What kind of companies were previously on this list?

A) The star performers
B) The underperformers
C) The ones worth adding to your own watch list

10 Which listed company is this CEO in charge of?

A) APAC Realty
B) Centurion
C) PropNex

Answers

1. A
When Singtel listed in 1993, it turned 1.4 million Singaporeans into shareholders of the

national telco.2. B
In 2020, Singapore Airlines raised $8.8 billion through a rights issue.3. C
Sea posted a 70 per cent gain from January to September.4. C
The Monetary Authority of Singapore oversees the stock market and financial sector as both central bank and financial regulator.5. B
Dividends are discretionary, and whether to pay them is decided by the board of

directors.6. A
This practice is called short-selling, and investors with short positions above a certain threshold must report them to the Monetary Authority of Singapore.7. C
Market capitalisation and

liquidity get you on board

the blue-chip STI.8. C
It tracks the performance of the next tier of large

mainboard companies, outside the 30 on the STI.9. B
The watch list flagged

financially weak companies,

but the SGX decided to scrap it to avoid making it harder for these companies to raise funds or attract investors.10. C
Mr Kelvin Fong was appointed PropNex chief executive officer in July, taking over from

Mr Ismail Gafoor, who remains as executive chairman.

Results time

Check your answers and score yourself.0-4 correct: Don’t worry. Just start following ST business news daily!5-7 correct: Not bad! You’re no rookie.8-10 correct: Wow, you’re basically the Warren Buffett of your kopi kakis.Whether you scored zero or a perfect 10, remember to always do your own homework before putting your hard-earned

money into the stock market. Many successful investors follow a simple rule of thumb: Never invest in something

you don’t understand.

Happy investing!