Trading of Singapore manufacturing stocks hit a near-one-year high in May

📆 06/06/2024 00:58:00
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pemThe index booked 4.4% in total return last month./em/p pThe iEdge SG Advanced Manufacturing Index saw the volume of trading turnover in May climb by about a third from the activity in April, reaching the highest monthly tally since March 2023, according to the Singapore Exchange./p pThe manufacturing-related index yielded 4.

The iEdge SG Advanced Manufacturing Index saw the volume of trading turnover in May climb by about a third from the activity in April, reaching the highest monthly tally since March 2023, according to the Singapore Exchange.

Despite the improvement, the index still recorded $60m in net institutional outflow in May following Seatrium’s $169m net outflow last month. Yangzijiang Shipbuilding and Mermaid Maritime were among the top 10 actively traded companies in the index with the most gains last month.

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