Shares of medical suppliers soar with rise in virus cases
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Fiona Lam
Singapore
SINGAPORE'S healthcare plays, in particular medical-supply stocks, rallied on Wednesday even as the benchmark Straits Times Index fell 0.07 per cent to 2,550.04. This came as the number of confirmed coronavirus cases continued to climb in the Republic and across the world.
Half of the top 10 active counters by volume on the Singapore bourse were healthcare-related companies: Medtecs International, Clearbridge Health, Biolidics, AsiaMedic and Healthway Medical Group.
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