The Week In Numbers: Who Will Win The Australian Election?

Eight new companies joined the Singapore market in the first six months of this year. That is double the number that floated on the Singapore Exchange (SGX: S68) last time. The new entrants include Manulife US REIT (SGX: BTOU), Fraser Logistics & Industrial Trust (SGX: BUOU) and Top Glove Corporation Berhad (SGX: BVA).

Find out more about the outlook for Singapore’s Initial Public Offerings in this interview with Loh Boon Chye, the CEO of Singapore Exchange.

The Bank of England has made it easier for UK banks to lend money, following the country’s decision to leave the European Union. The central bank has relaxed capital requirements for commercial banks. The move is expected to boost lending by up to £150 billion.

Sterling is feeling unloved. It fell to a 31-year low of 1.2798 against the US dollar before recovering to around 1.30. Sterling’s slump was exacerbated when a number of property funds stopped investors from redeeming their cash.

Singapore’s manufacturing sector took a turn for the worse in June. The Purchasing Manager’s Index reading of 49.6 suggested that the sector contracted. It also came in below market expectations.

And finally, many of us might think that the Australian election is too close to call. But not if you are Davey the quokka. The native Australian marsupial had to choose between two jars of eucalyptus leaves. It chose the one labelled Turnbull rather than the one labelled Shorten.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. The Motley Fool Singapore has recommended shares of Singapore Exchange. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.