Singapore Shares Drop in Red Despite Global Rally; Biolidics Surges 20% on Wider Losses in Q1
Singapore Shares Drop in Red Despite Global Rally; Biolidics Surges 20% on Wider Losses in Q1
In company news, Biolidics (SGX:8YY) surged 20% even though the company posted a wider attributable loss in the first quarter after revenue plummeted past 96% from a year earlier.Singapore's Straits Times Index slipped into the red zone on Wednesday, despite an overnight global rally following US inflation data that topped expectations.
尽管在美国通胀数据超出预期之后，隔夜全球出现反弹，但新加坡海峡时报指数周三跌至红色区域。
During the day, the benchmark Singapore Strait Times Index ranged between 3,285.45 and 3,309.42, ending 0.72% or 23.93 points lower at 3,289.42.
当天，基准新加坡海峡时报指数在3,285.45至3,309.42点之间，收盘下跌0.72％或23.93点，至3,289.42点。
In economic news, Life insurance in Singapore surged 32% year over year to $1.37 billion in the first quarter of 2024, according to a statement from the Life Insurance Association, Singapore (LIA).
在经济新闻方面，根据新加坡人寿保险协会（LIA）的一份声明，新加坡的人寿保险在2024年第一季度同比增长32％，达到13.7亿美元。
In company news, Biolidics (SGX:8YY) surged 20% even though the company posted a wider attributable loss in the first quarter after revenue plummeted past 96% from a year earlier.
在公司新闻方面，Biolidics（新加坡证券交易所股票代码：8YY）飙升了20％，尽管该公司在收入较去年同期暴跌至96％后在第一季度公布了更大的应占亏损。
Shares of Hyphens Pharma International (SGX:1J5) were up over 9% after the company almost doubled its net profit in the first quarter, thanks to improved sales from all segments, especially in the specialty pharma principals unit.
Hyphens Pharma International（新加坡证券交易所股票代码：1J5）的股价上涨了9％以上，此前该公司在第一季度的净利润几乎翻了一番，这要归因于所有细分市场的销售增长，尤其是特种制药主要部门的销售增长。
Oxley Holdings' (SGX:5UX) shares were down nearly 1% after it bought back a further 100,000 shares in the open market on Tuesday as per an existing mandate of up to 212.5 million shares.
奥克斯利控股公司（新加坡证券交易所股票代码：5UX）根据现有最高2.125亿股的授权，周二在公开市场上又回购了10万股股票，股价下跌了近1％。