Singapore’s aggregate exchange declined by 5.7% in 2Q, taking after a compression of 9.7% in the past quarter, reported IE Singapore toward the beginning of today.
The decay was driven by weaker oil and non-oil exchange, says the outer exchange advancement board.
Oil exchange shrunk by 25.1% in 2Q, taking after the past quarter’s abatement of 36.2%. Non-oil exchange declined by 0.4%, after the past quarter’s reduction of 3.2%.
Non-oil sends out (NOX), which incorporates both NODX and NORX, contracted 1.1% on-year in 2Q 2016, after the previous quarter’s 6.6% diminishing.
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