20 Nov SE Asia Stocks-Singapore up 1 pct on higher Q3 growth prospects
By Sumeet Gaikwad
Nov 21 (Reuters) – Singapore shares rose slightly
more than 1 percent on Tuesday on expectations that its economy
grew at a faster pace than initially estimated, which may dispel
worries that the affluent city-state is too dependent on its
tech products.
Singapore’s economy is forecast to have grown 7.4 percent in
July-September, the fastest pace since the fourth quarter of
2016, a Reuters poll showed on Friday. The GDP data is scheduled
for release on Thursday.
Nov 21 (Reuters) – Singapore shares rose slightly
more than 1 percent on Tuesday on expectations that its economy
grew at a faster pace than initially estimated, which may dispel
worries that the affluent city-state is too dependent on its
tech products.
Singapore’s economy is forecast to have grown 7.4 percent in
July-September, the fastest pace since the fourth quarter of
2016, a Reuters poll showed on Friday. The GDP data is scheduled
for release on Thursday.
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