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FXN - Southeast Asia On Track For Strong But Uneven Power Demand Growth Amid Unexpected Supply Bottlenecks

  • SEA experienced a severe contraction in 2020 because of lockdowns and border closures to control the spread of the COVID-19 pandemic, which halted economic activity and business in the region.
  • Singapore is on track for power demand recovery. The average power demand in Q1-2022 surpassed the pre-pandemic level (2019) by 5.8%.
  • In Malaysia, the average power demand in Q1-2022 has finally returned to pre-pandemic levels (2019), with marginal increase of only 0.1%.

For further details see:

Southeast Asia On Track For Strong But Uneven Power Demand Growth Amid Unexpected Supply Bottlenecks
Stock Information

Company Name: First Trust Energy AlphaDEX Fund
Stock Symbol: FXN
Market: NYSE

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