Why the Singular Health (ASX:SHG) share price opened nearly 10% higher today

The Singular Health Group Ltd (ASX: SHG) share price was flying today. The medical software company reached an intraday high of 64.5 cents per share – up 9.32% on the previous day’s close.

The price rocketed after the company announced the completion of a project developed with the Australian Government.

At the time of writing, the Singular Health share price had retreated slightly, trading for 60 cents each, still up 1.7%. By comparison, the S&P/ASX All Ordinaries Index (ASX: XAO) is down 0.04%.

Let’s take a closer look at Singular Health’s announcement.

Singular Health and CSIRO develop AI medical technology

Today’s…