|Bid||19.08 x 900|
|Ask||19.22 x 38500|
|Day's Range||19.13 - 19.27|
|52 Week Range||15.10 - 24.94|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-19.09%|
|Beta (5Y Monthly)||1.16|
|Expense Ratio (net)||0.50%|
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.
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.