The Singapore stock market witnessed an upward trajectory on Tuesday, with select stocks posting significant gains. Ellipsiz Ltd. (SGX: BIX) led the rally, climbing 13.29% to close at SGD 0.179, reflecting increased investor confidence.
Following closely, LMS Compliance Ltd. (SGX: LMS) saw a 9.09% rise, reaching SGD 0.360. The company, known for its compliance and risk management services, benefited from renewed interest in the sector.
Fortress Minerals Ltd. (SGX: OAJ), an iron ore mining firm, posted a 6.52% gain to SGD 0.245, likely driven by strong demand in the commodities market. Meanwhile, Hock Lian Seng Holdings Ltd. (SGX: J2T), a construction and engineering firm, advanced 6.41% to SGD 0.415, signaling steady growth in Singapore’s infrastructure sector.
Other notable gainers included Sinostar PEC Holdings Ltd. (SGX: C9Q), a petrochemical company, which rose 6.03% to SGD 0.123, and XMH Holdings Ltd. (SGX: BQF), a provider of marine and industrial engines, which gained 5.30% to reach SGD 0.695.
Disclaimer: Stock market investments are subject to risks. This article is for informational purposes only and does not constitute financial advice. Always conduct thorough research before investing.