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STI falls, but penny stocks still in play

Qingmei Group Holdings and Foreland Fabrictech Holdings active among punters; iX Biopharma gains on its Catalist debut

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Singapore share prices closed lower on Wednesday, with the Straits Times Index down 12.24 points at 3,359.17, tracing weaker markets across most of Asia.

SINGAPORE share prices closed lower on Wednesday, with the Straits Times Index down 12.24 points at 3,359.17, tracing weaker markets across most of Asia.

However, strong punting activity continued with penny stocks.

Some 2.79 billion shares worth S$952 million changed hands, with...

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