jeng77
2021-11-26
No wonder
Singapore stocks resume Friday afternoon down 1.4% amid new Covid-19 variant fears
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore stocks resume Friday afternoon down 1.4% amid new Covid-19 variant fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 14:15 GMT+8 <a href=https://www.businesstimes.com.sg/stocks/singapore-stocks-resume-friday-afternoon-down-14-amid-new-covid-19-variant-fears><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE shares resumed trading battered on Friday (Nov 26) afternoon, asAsian markets tumbledamid fears of a new Covid-19 variant spreading in South Africa.\nScientists have warned that the new B.1....</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/singapore-stocks-resume-friday-afternoon-down-14-amid-new-covid-19-variant-fears\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/stocks/singapore-stocks-resume-friday-afternoon-down-14-amid-new-covid-19-variant-fears","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153168046","content_text":"SINGAPORE shares resumed trading battered on Friday (Nov 26) afternoon, asAsian markets tumbledamid fears of a new Covid-19 variant spreading in South Africa.\nScientists have warned that the new B.1.1.529 strain could be more infectious than Delta and more resistant to vaccines.\nThe Straits Times Index was down 1.4 per cent or 45.22 points to 3,176.30 as at 1.03 pm. Decliners outnumbered gainers 290 to 132, after 878.9 million securities worth S$704.2 million changed hands.\nGenting Singapore was among the most heavily traded counters by volume, slipping 3 per cent or S$0.025 to S$0.805, with 28.4 million shares changing hands. The operator of Resorts World Sentosa joined other travel and aviation-related stocks in a sea of red.\nNational carrier Singapore Airlines fell 2.3 per cent or S$0.12 to S$5.13, SATS was down 1.2 per cent or S$0.05 at S$4.02, while SIA Engineering dropped 1.7 per cent or S$0.04 to S$2.31.\nHospitality-related stapled groups also lost some ground in afternoon trading. CDL Hospitality Trusts was down 0.8 per cent or S$0.01 at S$1.19, while Frasers Hospitality Trust lost 1 per cent or S$0.005 to S$0.485.\nBanking stocks continued to falter after opening weaker in the morning. DBS was down 1.6 per cent or S$0.51 at S$31.60, UOB lost 1.9 per cent or S$0.51 to S$27.05, while OCBC declined 1.3 per cent or S$0.15 to S$11.59.\nOther active index counters include Thai Beverage, which dropped 2.1 per cent or S$0.015 to S$0.70, and Yangzijiang Shipbuilding, which slipped 3 per cent or S$0.04 to S$1.28.\nAsian markets and oil prices also sank on Friday, with Japan,Hong Kong,Malaysia,Australia and New Zealandin a sea of red. Tokyo dived more than 2 per cent, while Hong Kong, Sydney and Wellington were off by more than 1 per cent.\n\"All we know so far is the B.1.1.529 is heavily mutated but markets are taking no chances,\" said OANDA Asia-Pacific senior market analyst Jeffrey Halley, adding that with the Delta wave in mind from earlier this year, investors are likely to \"shoot first and ask questions later\" until more is known about it.\nHalley expects haven currencies to outperform, while emerging market FX and commodity or risk-sentiment currencies are likely to have a tough day at the office.","news_type":1},"isVote":1,"tweetType":1,"viewCount":294,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/877890833"}
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