facebookI'm new to stock investing. Could someone explain the differences between trading on SGX vs other stock exchange markets? - Seedly

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Anonymous

23 Aug 2021

∙

Stocks

I'm new to stock investing. Could someone explain the differences between trading on SGX vs other stock exchange markets?

I'm looking at Dairy Farm shares and was confused why there is a difference in stock price in the following:

  • DairyFarm (D01) of USD3.46
  • Dairy Farm Intl (DFIHY) of USD17.51

Discussion (3)

What are your thoughts?

Tan Choong Hwee

Tan Choong Hwee

23 Aug 2021

Investor/Trader at Home

DFIHY is listed on US OTC market as an ADR, with 1 ADR representing 5 Dairy Farm shares. Here is an Investopedia article on ADR:

https://www.investopedia.com/terms/a/adr.asp

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Singaporean should invest in D01 listed on SGX.

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