Singapore Strait Times Index stayed in the red zone on Friday, despite overnight gains in global markets.
During the day, the benchmark index ranged between 3,119.70 and 3,147.400, ending 0.43% or 13.55 points lower at 3,122.21.
IX Biopharma's (SGX:42C) shares slumped nearly 9% after its subsidiary, iX Biopharma Europe, issued a notice of termination of a license agreement with Seelos Therapeutics for the licensing of Wafermine.
Olam Agri's (SGX:VC2) shares were up 4% at market close after the company completed the acquisition of Avisen SRL, a Senegal-based poultry feed supplier in Senegal for 17.0 million euros.
Elite Commercial REIT's (SGX:MXNU) shares fell 2% after the real estate investment trust confirmed that it had secured a debt facility of up to 135 million pounds from a group of financial institutions.