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Singapore Shares Fall at Market Close; Biolidics Up 9%

MT Newswires ·  Apr 12 17:42

Singapore's Strait Times Index fell on Friday, following data released on economic growth and the central bank's decision to keep its monetary policy unchanged.

During the day, the benchmark Singapore Strait Times Index ranged between 3,215.70 and 3,230.60, ending 0.33% or 10.70 points lower at 3,216.91.

In economic news, the city-state of Singapore's central bank affirmed Friday it will maintain a restrictive monetary policy, for the fourth-straight policy meeting.

In company news, shares of Biolidics (SGX:8YY) were up over 9% after it booked an attributable loss of SG$2.5 million for the year ended Dec. 31, 2023, compared with an attributable loss of SG$9.4 million in the year-ago period.

Shares of CNMC Goldmine Holdings (SGX:5TP) were up nearly 5% after its Sokor project in Malaysia registered year-over-year growth of 40% for contained gold, 303% for contained silver, 121% for contained lead, and 260% for contained zinc as of Dec. 31, 2023.

Meanwhile, Trek 2000 International (SGX:5AB) reported variances in its consolidated statements of profit for the year ended Dec. 31, 2023.

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