The SES is the Stock Exchange Singapore or the Singapore stock exchange. They have about 800 corporations on their exchange and over 450 of them are domestic and the other 300 and some are international companies. The exchange has been about because the late 90's and is the result of a merger in between to of the region's largest companies.
The stock trading day is a bit various than what is normally done in the U.S. Or U.K. The week is Monday thru Friday but, the hours of operation are 9-12:30 and then 2-5. This stems from some cultural and economic differences in between Singapore and numerous other countries around the globe.
This region is situated geographically, to be advantageous for travelers that sailed, thousands of years ago. This coastline is roughly midway between the deep southern waters of Australia and the southeastern tip of the Asian continent. Explorers from centuries past would sail for months out of the year looking for spices and goods that they could not get at home. Singapore was set up as a big marketplace and trading post for visitors along this route.
This nation is recognized as one of the four leading Eastern centers in finance. Along with Hong Kong, Taiwan and South Korea to make up this distinguished group of extremely nicely developed economies, of the Asian continent. For over thirty years, from the early 60's to nicely into the 90's, these 4 areas grew consistently and dramatically without fail. This nation, along with Hong Kong are known as the two leading international financial centers in the East. South Korea and Taiwan are known as global leaders in the manufacturing of info technology.
As the fourth largest financial hub of the globe, only behind London, Tokyo and New York the SES is a main player of global finance. This area also has the second largest gambling industry in the world and third greatest oil refinery industry in the world.
On top of that, this region makes most of oil rigs in the world and is a leader of main ship repairs and it is one of the five busiest ports in the globe. Statistically, Singapore has the largest share of millionaires per capita, than any other nation on Earth. These are outstanding accomplishments and a number of of the numerous factors why investors are flocking to put their money into the SES.
The World Bank, who is an international banker that provides loan to nations about the globe. Their assessment of the Singaporean region it is a extremely conducive climate to do business in effortlessly. The SGX Nifty is in the middle of all this forward economic movement. As an investor, it is a wise decision to put your cash into the SES.
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