Shares of medical suppliers soar with rise in virus cases
Add BT as a preferred source
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.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Father-and-son duo Raj Kumar and Kishin in exclusive due diligence to buy Scotts Square
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
The factors that make South-east Asia’s top conglomerates stand out
