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STI
2,481.1
17.9 (0.72%)

 

  • STI Straits Times Index
    2,481.1
    17.9 (0.72%)
     
  • KLCI FTSE Bursa Malaysia KLCI
    1,496.5
    -9.3 (-0.62%)
    Index delayed 15 minutes
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    25.7 (0.11%)
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    5.4 (0.17%)
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    -16.1 (-0.33%)
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  • Volume: 1,194.5M
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  • Rise: 187
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  • Unch: 488

Intraday Market Ticker Help

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Time Name Type Price Vol
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Name Last Change
Sembcorp Marine0.151+0.006
Jiutian Chemical0.046+0.001
Vicplas Intl0.455+0.015
Medtecs Intl1.280+0.100
Rex Intl0.149+0.004
NetLink NBN Tr0.950-0.015
Aspen0.199+0.014
QT Vascular0.008+0.001
Singtel2.200+0.040
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World Indices

World Indices
Name Last Change
Nasdaq 10,633.0 -330.6
HSI 23,742.5
HSCEI 9,558.8
Jakarta 4,918.0
Nikkei 225 23,346.5
SSE Comp 3,279.7
Shanghai A 3,437.3
Shanghai B 250.0
KOSPI 2,333.2

Asian Indices delayed. US Indices updated twice daily at 7:30am and 7:30pm.

News - Detailed News Story

Clearbridge

Stock Chart
Last Done 0.156
Change +0.002 (+1.30%)
Volume 3,693.5
Range 0.152 - 0.159

Biolidics

Stock Chart
Last Done 0.315
Change +0.010 (+3.28%)
Volume 3,284.5
Range 0.295 - 0.325

Hyphens Pharma

Stock Chart
Last Done 0.455
Change +0.070 (+18.18%)
Volume 13,958
Range 0.385 - 0.470

IX Biopharma

Stock Chart
Last Done 0.240
Change +0.015 (+6.67%)
Volume 16,476.9
Range 0.225 - 0.245

Lonza

Stock Chart
Last Done 79.970
Change - (-)
Volume -
Range - - -

SGX

Stock Chart
Last Done 8.980
Change +0.080 (+0.90%)
Volume 2,553.7
Range 8.850 - 9.010

Covid-19 exposes SGX's lack of biopharmaceutical issuers

02 Jul 2020 09:00

By Angela Tan

SINGAPORE-BASED biotech Cennerv Pharmaceuticals tried twice to list on the Singapore Exchange (SGX) but was forced to withdraw its initial public offer (IPO) due to weak demand.

At that time, a clearly disappointed chief executive officer Anil Ratty told shareholders in a statement:"The insufficient demand for placement shares at a suitable price meant that this IPO at a low price in the Singapore capital market would have adversely affected all future fundraising in the market, a very critical step envisaged for ongoing growth in the post IPO period."

Dr Ratty told The Business Times then that he was still eyeing an IPO, but in other markets.

The story has a sad, familiar ring to it. It illustrates the challenges facing SGX as it seeks to attract biopharmaceutical firms to list here.


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Source: Business Times
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