MARKET UPDATES :
- SINGAPORE share prices opened flat on Tuesday with the Straits Times Index down 0.94 points to 3,339.59. Volume was 83.2 million shares worth S$107.1 million. Losers outnumbered gainers 67 to 64.
- SINGAPORE shares ended higher on Tuesday with the Straits Times Index gaining 4.46 points to 3,344.99. Some 1.78 billion shares, valued at S$1.83 billion were traded. Gainers numbered 172 while losers numbered 233.
- THE Singapore government now expects the economy to grow by 3 per cent this year – at the mid-point of its earlier official forecast of 2.5-3.5 per cent, which had been kept unchanged since August. The Ministry of Trade and Industry (MTI) announced on Tuesday morning that Q3 GDP grew a stronger 2.8 per cent year-on-year, thanks to stronger growth in the manufacturing and services sector.
- SINGAPORE’S non-oil domestic exports for 2015 are tipped to move into positive terrain, growing between 1.0 and 3.0 per cent year on year, up from a revised forecast of 1.0-1.5 per cent dip this year, according to trade promotion agency International Enterprise Singapore. Earlier growth projection for the NODX was a 1.0-2.0 drop for 2014.
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