Highlights of the week.
$Rectitude Holdings (RECT.US)$
Singapore Economy expanded 4.1% year on year in Q3, exceeding expectation. Looks good for this stock !
Singapore Economy expanded 4.1% year on year in Q3, exceeding expectation. Looks good for this stock !
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105297962 : The news is align and reinforced with MTI announcement on 13 Aug 2024, regarding the Singapore GDP growth forecast for 2024. MAS expects the full year GDP to come in around the upper end of its 2% to 3% range.
103782469 : The recovery of the manufacturing sector is one big plus point. The construction sector expanded by 3.1% and the rest of the sectors also doing alright except for retail trade.
105163710 : Positive news for Rectitude as strong demand for industrial hardware and protective equipment.