Dear readers, in case you are not aware, in the United States of America, pharmaceutical stocks are currently getting a beating as a result of President Trump’s war on opioids. In case you do not know, opioids are ingredients in certain medications to relieve certain medical symptoms. Though these are prescribed as drugs, the case of abuse like overdose are a cause of concerns in America in light that precious lives have been affected by the abuse of opioids.
While US pharmaceutical stocks have sank, medical stocks in Singapore remain rather unfazed based on their stock price performance on 27 Oct 2017.
a) Raffles Medical Group stock price remained unchanged
b) Singapore Medical Group stock price remained unchanged
c) Healthway Medical Group stock price remained unchanged
Of course, the above healthcare stocks are not pharmaceutical stocks per se but if there is a lesson which Trump’s war on ......