Manufacturing
Manufacturing-related stocks netted $19m institutional inflows in Q3: SGX
Manufacturing-related stocks netted $19m institutional inflows in Q3: SGX
Total return of the iEdge SG Advanced Manufacturing Index is at 25%.
No recession but slower manufacturing output growth expected in 2023: UOB
This is due to the faltering performance of electronics.
China market recovery to boost ‘weakened’ electronics’ sector
Muted electronics sector led to a decline in the purchasing managers’ index.
Golden Agri subsidiary defers listing in India
The subsidiary will explore opportunities to enhance shareholders' value in the meantime.
Chart of the day: Manufacturing output growth slows down in July
Manufacturing output grew by only 0.6% compared to 2.6% in June.
Manufacturing output headline growth rate could potentially stumble: analysts
The industry could suffer a technical recession.
Chart of the day: Higher demand and higher prices boosts domestic wholesale trade
The year-on-year increase was led by the chemicals and chemical products industry.
Sri Trang Agro net profits plunged by 77.4% in Q2
The group’s revenue fell by 6.1%.
Frencken Group’s profit down 17.3% in H1 22
It posted $26m earnings in the first half of 2022.
Hong Leong Asia’s China Yuchai H1 revenue falls 32.2%
The fall in revenue was attributed to lower motor sales in the half-year.
Sri Trang Gloves’ net profit falls 90% in H1 22 amidst low average selling price
Its net profit reached $62m (THB1.6b) in the first half of 2022.
Weaker PMI in July raises concerns over demand in the manufacturing sector
PMI edged down by 0.2 point to 50.1.
Purchasing Managers’ Index edges down 0.2 point in July
It posted a moderate expansion at 50.1.
Chart of the day: Transport engineering output shoots up 32% in June
Output in the marine & offshore engineering segment increased by 44%.
Manufacturing output growth moderates to 2.2% YoY in June
Excluding biomedical manufacturing, output grew 4.2% YoY.
Chart of the day: Manufacturing output climbs 2.2% in June
However, output fell by 8.5%.MoM.
Tech sector likely to face margin erosion, analyst warns
Rising operation costs might drag the sector down, according to RHB.
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