The iEdge SG Advanced Manufacturing Index saw the volume of trading turnover in May climb by about a third from the activity in April, reaching the highest monthly tally since March 2023, according to the Singapore Exchange.
Despite the improvement, the index still recorded $60m in net institutional outflow in May following Seatrium’s $169m net outflow last month. Yangzijiang Shipbuilding and Mermaid Maritime were among the top 10 actively traded companies in the index with the most gains last month.
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