SINGAPORE (Apr 30): At the beginning of the Covid-19 outbreak back in January, listed glove-makers experienced a surge in their share price as investors scurried to scoop up these counters.

The day after Singapore declared its first virus case, names such as Top Glove Corp, Riverstone Holdings and UG Healthcare Corp led the top gainers in the market with increases of some 30%, 18% and 52%, respectively, in their share prices.

Four months down the road, the pandemic has shown no signs of easing. Instead, the virus has crossed borders relentlessly, causing panic in countries. This has led to a jump in the number of Covid-19 tests being carried out in these countries on a daily basis.

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