|Bid||22.90 x 36900|
|Ask||22.91 x 1100|
|Day's Range||22.87 - 22.99|
|52 Week Range||22.27 - 25.39|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-3.98%|
|Beta (5Y Monthly)||1.15|
|Expense Ratio (net)||0.50%|
Thanks to the aggravating coronavirus outbreak, Singapore is expected to see a decline in tourist arrivals, spending, consumer and business sentiments and a disturbance in the regional supply chain.
Singapore hopes to be in the forefront of 5G technology in the year 2020 by rolling out an aggressive plan to incorporate the technology as part of its digital economy. This will open up opportunities for ETF investors who know where to look as far as funds go--namely the iShares MSCI Singapore ETF (EWS) and the Defiance 5G Next Gen Connectivity ETF (FIVG) . In addition to adding the initial phased of 5G by 2020, Singapore has even deeper plans for integration.
Singapore will soon offer applications for digital banking licenses through the end of the year, which could shake up its current financial industry. This could put Singapore-focused ETFs on watch, such as the iShares MSCI Singapore ETF (EWS) , which tracks the MSCI Singapore Index. Per a CNBC report, the "Monetary Authority of Singapore (MAS) on Thursday said it will now accept applications for five new digital bank licenses until the end of the year.
The normally calm iShares MSCI Singapore ETF (NYSEArca: EWS), which tracks the MSCI Singapore Index, has been a laggard this year, rising just 2.62%. Down 10.5% from its 52-week high, the Singapore ETF ...
Singapore’s economy churned out its slowest annual growth in 10 years during the second quarter as its manufacturing sector continued to decline, according to preliminary data. Compared to a year ago, gross domestic product (GDP) expanded 0.1 percent in the second quarter, which fell below the 1.1 percent forecast from a Reuters poll and the revised 1.1 percent growth for the period January thru March. This latest figure represents the slowest year-on-year GDP growth since the second quarter of 2009 when GDP fell by 1.2 percent. “Singapore's highly export-driven economy leaves it very exposed to the US-China trade war and the broader slowdown in world trade.
Australia’s ASX 200 lost 0.26% today. The index remained in a downward momentum within a narrow range today. 58 stocks in the index gained while 131 fell today. Among the sectors, industrials, healthcare, and basic materials were the only gainers today.
Australia’s ASX200 lost marginally today. Although the index was trading higher until noon, it erased those gains afterward. 70 stocks gained, while 118 fell. BHP Group (BHP) outperformed the index with marginal gains, while Rio Tinto (RIO) gained 0.64%.
Australia’s ASX200 recovered today after a loss on Friday. After losing 0.55% on Friday, the index rose 0.22% today. Out of 200 stocks in the index, 83 advanced, while 103 retreated. 14 stayed unchanged today. BHP Group (BHP) and Rio Tinto (RIO) were among the gainers, while News Corp (NWSA) lost 1.29% on the Australian Stock Exchange today.
The latest IMD’s 2019 World Competitiveness Rankings saw Singapore surpass the United States to claim the title of the world's most competitive economy. According to Switzerland-based business school IMD, Singapore's immigration laws, advanced technological infrastructure, availability of skilled labor and efficient ways to set up new businesses helped it reach the top. ETF investors can gain exposure Singapore’s market through the iShares MSCI Singapore ETF (EWS) , which tracks the MSCI Singapore Index.
All Major Developed Asia Indexes Drop on May 29(Continued from Prior Part)South Korea’s KOSPI dropsSouth Korea’s KOSPI, which gained yesterday, retreated today. The index lost 1.25% to close at 2,023.32. Today’s loss pushed KOSPI into the red
Developed Asian-Pacific Indexes Fall on 'Long March' Fears(Continued from Prior Part)KOSPI breaks the winning streakSouth Korea’s KOSPI, which gained in the last two sessions, fell today. The index dropped 0.26% to 2,059.59. The Korean won gained
Most APAC Indexes Are in the Green amid the Trade War Escalation(Continued from Prior Part)KOSPI gains again South Korea’s KOSPI gained 0.18% on May 22 to end the day at 2,061.25. It was the index’s second consecutive gain. On May 21, the
Aberdeen has strengthened its positions on Singapore, Indonesia and India amid escalating trade tensions between the United States and China. Investors can play these ETFs.
Developed Asia: Singapore Falls on GDP, ASX 200 Gains(Continued from Prior Part)ASX 200 gains again After rising 1.74% on May 20 on the back of a surprise election victory for the incumbent, Scott Morrison, Australia’s S&P/ASX 200 gained again
Australia, Japan Up—Singapore, KOSPI, and Hong Kong Down(Continued from Prior Part)KOSPI losesSouth Korea’s KOSPI continued to fall for the second straight day on May 17. The index, which fell 1.2% on May 16, extended its losses by another 0.58%
As ASX 200 Advances on Rate Cut Hopes, Indian Indexes Also GainKOSPI posted lossesKOSPI, the benchmark index in South Korea, fell 1.2% on May 16 to end up at 2,067.69. The iShares MSCI South Korea Capped ETF (EWY) continued it’s winning streak on
Most APAC Markets Recover on US Optimism, China's Stimulus Hopes(Continued from Prior Part)KOSPI follows ChinaSouth Korea’s KOSPI remained in the green on May 15. The index gained 0.53% on the day to end at 2,092.78. The iShares MSCI South Korea
May 14: Indian Indexes Gain, Other Asian Markets Stay in the Red(Continued from Prior Part)KOSPI gainsSouth Korea’s KOSPI, which lost 1.38% yesterday, marginally recovered today. The index ended up 0.14% at 2,081.84. The iShares MSCI South Korea
May 13 Update: Inconclusive Trade Talks Take Asian Stocks Down(Continued from Prior Part)AustraliaAustralia’s S&P/ASX 200 Index continued to trade within a narrow range at the start of the new week. The index closed 0.21% lower, nearly wiping
APAC: Will It Be Endgame or an Infinity War for Trump and Liu?(Continued from Prior Part)AustraliaAustralia’s S&P/ASX 200 index remained within a narrow range and closed up 0.25% on May 10. New Zealand’s S&P/NZ 50 Index closed marginally
May 9 Asia-Pacific Update: All Eyes on Renewed Trade Talks(Continued from Prior Part)Australia and New Zealand gainAustralia’s S&P/ASX 200 was the bright spot in the Asia-Pacific markets on May 9. The index reversed its previous day’s loss