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狮城早报 | 新加坡首季经济扩张1.3%

Lion City Morning Post | Singapore's economy expanded by 1.3% in the first quarter.

富途資訊 ·  May 25, 2021 09:55  · Trending

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Singapore opened this morning as a hot spot.

-Moomoo News Team

Opening snapshot

The Singapore stock market opened higher today (May 25). As of 9: 05 a.m.$FTSE Singapore Strait Index (.STI.SG) $It closed at 3138.93 points, up from 15.32 points or 0.49%. The total trading volume was 84.75 million shares, with a trading volume of 83.72 million yuan, with a total of 111gainers and 33 decliners.

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Today's hot spot

Singapore's economy expanded by 1.3% in the first quarter.

Singapore's economy expanded 1.3 per cent in the first quarter of this year, reversing a 2.4 per cent contraction in the previous quarter.

On a seasonally adjusted basis, Singapore's economy expanded 3.1 per cent in the first quarter from the previous quarter, continuing the 3.8 per cent expansion in the previous quarter.

In releasing the first-quarter economic survey report today (May 25), the Ministry of Trade and Industry pointed out that due to the significant uncertainty caused by the crown disease epidemic, the forecast of economic growth of 4% to 6% for the whole year was maintained.

Non-oil exports rose 9.7% in the first quarter compared with the same period last year.

Singapore's non-oil domestic export (NODX) grew 9.7 per cent in the first quarter of this year compared with the same period last year.

Non-oil domestic exports expanded 9.7 per cent in the first quarter of this year, reversing a 0.5 per cent contraction in the fourth quarter of last year, according to the latest figures released by the Singapore Enterprise Development Board ((ESG)) this morning. Of this total, electronic exports increased by 14.8%, while non-electronic exports increased by 8.3%.

Total commodity trading also reversed the 5.1% decline in the fourth quarter of last year, rising 4.9% in the first quarter from a year earlier.

Can pay attention to the stock

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Source: Lianhe Zaobao

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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