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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

新加坡股市持续下跌；新药物输送系统推出后，IX Biopharma的股价飙升了12％
MT Newswires ·  03/05 04:33

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.

新加坡海峡时报指数周二开盘小幅走高，但在隔夜全球市场下跌之后，收盘时回落至负值区间。

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.

当天，基准指数在3,101.24至3,133.93之间，收盘下跌0.48％或15.11点，至3,107.10点。

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.

在经济新闻方面，新加坡统计局周二的数据显示，新加坡1月份的零售额同比增长1.3％，达到43亿新元，扭转了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.

同时，标普全球报告显示，由于需求改善，新加坡私营部门的商业活动在2月份有所扩大，推动了该月就业人数的创纪录增长。

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.

在公司新闻方面，IX Biopharma（新加坡证券交易所：42C）的股价在周二收盘时飙升了12％，此前该公司在健康长寿中心会议上推出了一种新的药物递送系统。

Sinjia Land's (SGX:5HH) shares closed 6% on Tuesday, as the property developer terminated its convertible loan agreement with BINEX on March 4.

信嘉置业（新加坡证券交易所股票代码：5HH）股价周二收盘6％，原因是该房地产开发商于3月4日终止了与BINEX的可转换贷款协议。

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