How To Calculate Stock Profit Singapore

How To Calculate Stock Profit Singapore

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How To Calculate Stock Profit Singapore

 

How To Calculate Stock Profit Singapore , The below table will breakdown  the costs involve when buy/ sell Stock in Singapore

Commissions  rate may differ  from broker.

 

Buying

I will use the Counter below as an Example

Thai Beverage PCL
SGX: Y92
Description Definition Rates / Volume / Charges Formulae Calculation
Market  Price   (A) Current price at Market SGD 0.75 NA NA
Quantity  (B) Quantities that you would like to Buy / Sell 20,000 NA NA
 Basic Cost (C) NA NA (A) x (B)

Market Price  x  Quantity

0.75  x 20,000

 SGD 15,000
Brokerage Charges ( Subjected to different Broker  & Trading Type) (D) Commissions that the Broker Charges 0.25% / Minimum Commission $S25

the Higher computation will be taken

 (C)  x ( 0.25/100)

Basic Cost  x ( 0.25/100)

SGD15,000  x ( 0.25/100)= SGD37.5

Since

SGD37.5 > Minimum Commissions S$25

SGD37.5 will be charged

 SGD37.50
Clearing Fee (E) The Central Depository (CDP) acts as a central counterparty (CCP) to all trades executed on the SGX-ST Trading Engine, as well as privately negotiated married trades that are reported to SGX-ST.

Being the CCP, CDP assumes the role of seller to the buying Clearing Member and buyer to the selling Clearing Member.

CDP therefore takes the buyer’s credit risks and assumes seller’s delivery risks. This inter-posing of CDP as the CCP eliminates counterparty risk for market participants. In so doing, CDP acts as a risk management hub for the Singapore equity market.

Source From SGX

 0.0325% (C) x  ( 0.0325/100)

Basic Cost  x ( 0.0325/100)

SGD15,000  x ( 0.0325/100)= SGD4.88

 SGD4.88
Settlement Fee (F)
Following the introduction of the new Post Trade Settlement system by the SGX in 2017, SGX has started to impose a Settlement Instruction (SI) fee of $0.35 for contract that settles through its settlement system.

Every transaction will take at least 1 SI to settle. With effect from 15 Jan 2019, this SI fee will be recovered from clients in the same way as other existing SGX charges and will be reflected in the contract note as “SGX SI fee”. SI fee will not be applicable to shares which are not traded on the SGX.

Source UOB

 SGD$0.35 NA SGD 0.35
SGX Trading Access Fee (G) NA 0.0075% (C) x  ( 0.0075/100)

Basic Cost  x ( 0.0075/100)

SGD15,000  x ( 0.0075/100)= SGD1.13

 SGD1.13
GST (H) Go 7.00% (broker Fees + Clearing Fees + SGX TradingFee  +  settlement Fee) x (7/100)

(D+E+F+G) x (7/100)

(SGD37.50+SGD4.88+SGD 0.35+SGD1.13)x(7/100)

=SGD3.07

 SGD3.07

Total Buying Cost

 Basic Cost +Broker Fees + Clearing Fees + SGX TradingFee  +  settlement Fee +GST

SGD 15,000+SGD37.50+SGD4.88+SGD 0.35+SGD1.13 +SGD3.07

 SGD 15046.93

After  3 Months holding, Share Price increase to SGD0.90 , and you decided to sell

Selling

I will use the Counter below as an Example

Thai Beverage PCL
SGX: Y92
Description Definition Rates / Volume / Charges Formulae Calculation
Market  Price   (A) Current price at Market SGD 0.90 NA NA
Quantity  (B) Quantities that you would like to Buy / Sell 20,000 NA NA
Return  (C) NA NA (A) x (B)

Market Price  x  Quantity

0.75  x 20,000

 SGD 18,000
Brokerage Charges ( Subjected to different Broker  & Trading Type) (D) Commissions that the Broker Charges 0.25% / Minimum Commission $S25

the Higher computation will be taken

 (C)  x ( 0.25/100)

Basic Cost  x ( 0.25/100)

SGD18,000  x ( 0.25/100)= SGD37.5

Since

SGD45.00 > Minimum Commissions S$25

SGD45.00 will be charged

 SGD45.00
Clearing Fee (E) The Central Depository (CDP) acts as a central counterparty (CCP) to all trades executed on the SGX-ST Trading Engine, as well as privately negotiated married trades that are reported to SGX-ST.

Being the CCP, CDP assumes the role of seller to the buying Clearing Member and buyer to the selling Clearing Member.

CDP therefore takes the buyer’s credit risks and assumes seller’s delivery risks. This inter-posing of CDP as the CCP eliminates counterparty risk for market participants. In so doing, CDP acts as a risk management hub for the Singapore equity market.

Source From SGX

 0.0325% (C) x  ( 0.0325/100)

Basic Cost  x ( 0.0325/100)

SGD18,000  x ( 0.0325/100)= SGD5.85

 SGD5.85
Settlement Fee (F)
Following the introduction of the new Post Trade Settlement system by the SGX in 2017, SGX has started to impose a Settlement Instruction (SI) fee of $0.35 for contract that settles through its settlement system.

Every transaction will take at least 1 SI to settle. With effect from 15 Jan 2019, this SI fee will be recovered from clients in the same way as other existing SGX charges and will be reflected in the contract note as “SGX SI fee”. SI fee will not be applicable to shares which are not traded on the SGX.

Source UOB

 SGD$0.35 NA SGD 0.35
SGX Trading Access Fee (G) NA 0.0075% (C) x  ( 0.0075/100)

Basic Cost  x ( 0.0075/100)

SGD18,000  x ( 0.0075/100)= SGD1.13

 SGD1.35
GST (H) Go 7.00% (broker Fees + Clearing Fees + SGX TradingFee  +  settlement Fee) x (7/100)

(D+E+F+G) x (7/100)

(SGD45.00+SGD5.85+SGD 0.35+SGD1.35) x (7/100)

=

 SGD3.68

Total Return After Selling

 Basic Cost -[Broker Fees + Clearing Fees + SGX TradingFee  +  settlement Fee +GST]

SGD 18,000-[SGD45.00+SGD5.85+SGD 0.35+SGD1.35 +SGD3.68]

 SGD 17943.77

Calculate Profit and Loss

Profit & Loss Total = Return After Selling – Total Buying Cost = SGD 17943.77 – SGD 15046.93 = SGD 2896.84

Transaction Cost 

Transaction Cost Involve = (SGD18000 – SGD17943.77 ) + (SGD15046.93 -SGD15000) =  (SGD56.23+SGD46.93)=SGD 103.16

 

Check Out Stock Profit Calculator Singapore

 

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