PRE-MARKET TAIWAN AND SINGAPORE STOCK NEWS: Singapore GDP surpassed estimates & MAS maintained policy

TAIWAN

Hon Hai (2317 TT)
- Co. comments on reports regarding earnings speculations and stated that it did not provide any financial forecasts. (Newswires)

Largan Precision (3008 TT)
- Co. reports Q3 net TWD 7.77bln vs. Exp. TWD 8.27bln. (Newswires)

 

SINGAPORE

Other News
- MAS kept appreciation of SGD NEER unchanged at 0%, also maintained width and level of policy band. MAS referenced neutral policy being appropriate for extended period of time from October 2016 Monetary Policy Statement and said it sees Singapore economy likely to expand at a steady, but slightly slower pace in 2018 compared to 2017. (MAS)

Data Recap:
- Singapore GDP (Q3 P) Q/Q 6.3% vs. Exp. 3.7% (Prev. 2.2%)
- Singapore GDP (Q3 P) Y/Y 4.6% vs. Exp. 3.8% (Prev. 2.9%)

13 Oct 2017 - 01:22- Fixed IncomeResearch Sheet- Source: Newswires

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