Advertisement
Singapore markets closed

  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     

  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     

  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • Bitcoin USD

    63,888.84
    +187.57 (+0.29%)
     

  • CMC Crypto 200

    1,333.58
    +56.61 (+4.43%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • Dow

    38,675.68
    +450.02 (+1.18%)
     

  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     

  • Gold

    2,310.10
    +0.50 (+0.02%)
     

  • Crude Oil

    77.99
    -0.96 (-1.22%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     

  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     

  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

Pharma shipments lift Singapore exports for third straight month

Reuters
·1-min read
An aerial view of shipping containers stacked at the port of Singapore

SINGAPORE (Reuters) - Singapore's annual exports rose for the third straight month in April, bolstered by a sharp rise in pharmaceutical shipments, official data showed on Monday.

Non-oil domestic exports (NODX) rose 9.7% on a year-on-year basis, easing from a 17.6% jump the month before, data from trade agency Enterprise Singapore showed. The median of seven economists' estimates in a Reuters survey had forecast a 5% decline.

On a seasonally adjusted month-on-month basis, exports fell 5.8% in April after expanding 12.8% in March.

Pharmaceutical exports, which can be volatile, rose 174.3%, growing from a low base a year ago.

(Reporting by Aradhana Aravindan and John Geddie in Singapore; Editing by Kim Coghill)