SEE: Singapore Exchange hopes to list SPACs as early as this year
Other sectors that recorded declines include: metals, timber & construction (-8.3%), food, beverage & tobacco (-3.2%) and electronic components (-1.3%). General wholesale trade (+10.6%) and chemicals & chemical products (+3.0%) were the only two sectors to buck the trend and record y-o-y gains in 4Q2020. On a seasonally adjusted q-o-q basis, the domestic wholesale trade index was up 6.3%, easing from 3Q2020’s 8.1% increase. In this time, several sectors such as food, beverages & tobacco (+0.9%), ship chandlers & bunkering (+1.4%), electronic components (+5.5%), industrial & construction machinery (+9.5%) and petroleum & petroleum products (+9.8%), had logged increments.