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PPE supplier Medtecs' share price swings to end lower

Fiona Lam
Published Wed, Oct 14, 2020 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

MEDICAL products supplier Medtecs International's stellar third-quarter results - boosted by explosive demand for personal protective equipment (PPE) - gave its shares an upbeat morning on Wednesday, but the stock's gains were rapidly lost in the late afternoon.

Amid heavy volumes changing hands, the Catalist-listed stock climbed as much as 7.4 per cent or S$0.11 to hit an intra-day high of S$1.59 at around 11.45am.

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