Singapore opened this morning as a hot spot.
The Singapore stock market opened higher today, trading at 3138.93 points, up 15.32 points or 0.49%.
Singapore's economy expanded by 1.3% in the first quarter.
Non-oil exports rose 9.7% in the first quarter compared with the same period last year.
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-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.
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.
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Source: Lianhe Zaobao