Singapore Stocks Linger in Red; IX Biopharma's Shares Soar 12% Following Unveiling of Novel Drug Delivery System
Singapore Stocks Linger in Red; IX Biopharma's Shares Soar 12% Following Unveiling of Novel Drug Delivery System
Singapore Strait Times Index opened marginally higher on Tuesday but slipped back into the negative territory at the close, following overnight losses in global markets.
During the day, the benchmark index ranged between 3,101.24 and 3,133.93, ending 0.48% or 15.11 points lower at 3,107.10.
In economic news, Singapore's retail sales rose 1.3% year over year in January to SG$4.3 billion, reversing the 0.5% fall in December 2023, according to data from Statistics Singapore on Tuesday.
Meanwhile, business activity in Singapore's private sector expanded in February, thanks to improving demand, driving a record rise in employment during the month, according to a S&P Global report.
In company news, IX Biopharma's (SGX:42C) shares ballooned 12% on Tuesday's close after the company unveiled a novel drug delivery system at the Center for Healthy Longevity Conference.
Sinjia Land's (SGX:5HH) shares closed 6% on Tuesday, as the property developer terminated its convertible loan agreement with BINEX on March 4.
Singapore Strait Times Index opened marginally higher on Tuesday but slipped back into the negative territory at the close, following overnight losses in global markets.
新加坡海峽時報指數週二開盤小幅走高，但在隔夜全球市場下跌之後，收盤時回落至負值區間。
During the day, the benchmark index ranged between 3,101.24 and 3,133.93, ending 0.48% or 15.11 points lower at 3,107.10.
當天，基準指數在3,101.24至3,133.93之間，收盤下跌0.48％或15.11點，至3,107.10點。
In economic news, Singapore's retail sales rose 1.3% year over year in January to SG$4.3 billion, reversing the 0.5% fall in December 2023, according to data from Statistics Singapore on Tuesday.
在經濟新聞方面，新加坡統計局週二的數據顯示，新加坡1月份的零售額同比增長1.3％，達到43億新元，扭轉了2023年12月0.5％的跌幅。
Meanwhile, business activity in Singapore's private sector expanded in February, thanks to improving demand, driving a record rise in employment during the month, according to a S&P Global report.
同時，標普全球報告顯示，由於需求改善，新加坡私營部門的商業活動在2月份有所擴大，推動了該月就業人數的創紀錄增長。
In company news, IX Biopharma's (SGX:42C) shares ballooned 12% on Tuesday's close after the company unveiled a novel drug delivery system at the Center for Healthy Longevity Conference.
在公司新聞方面，IX Biopharma（新加坡證券交易所：42C）的股價在週二收盤時飆升了12％，此前該公司在健康長壽中心會議上推出了一種新的藥物遞送系統。
Sinjia Land's (SGX:5HH) shares closed 6% on Tuesday, as the property developer terminated its convertible loan agreement with BINEX on March 4.
信嘉置業（新加坡證券交易所股票代碼：5HH）股價週二收盤6％，原因是該房地產開發商於3月4日終止了與BINEX的可轉換貸款協議。
譯文內容由第三人軟體翻譯。
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