In today’s briefing:
- Manufacturing and Trade Show Signs of Improvement in August
Manufacturing and Trade Show Signs of Improvement in August
- In August, multiple signs of an improving outlook for manufacturing and trade, have included a four-month high in ASEAN Manufacturing PMI expectations, a projected recovery in Singapore’s manufacturing sector driven by strong electronics demand, and a significant month-to-month rebound in Singapore’s Industrial Production in July.
- Since 6 August, the iEdge SG Adv Manufacturing Index has rebounded 5%, recovering most of the declines in the first week of the month.
- For the month through to 28 August, the top-performing actively traded stocks in the iEdge SG Adv Manufacturing Index included SATS, UG Healthcare Corporation, Medtecs International Corporation, Thai Beverage, and Willas-Array Electronics (Holdings).
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