Well if th_老虎社区_美港股上老虎

Smartypants1
2021-12-16

Well if this is the case I'll just hold onto my SIA stocks longer hahaha

Reopening stocks either near bottom or have just rode out Omicron correction: DBS

UNLESS the Omicron coronavirus variant turns out to be highly virulent and existing vaccines become

Reopening stocks either near bottom or have just rode out Omicron correction: DBS

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hospitality real estate investment trusts (Reits) like Ascott Residence Trust (ART) and Far East Hospitality Trust; and counters linked to domestic reopening, such as ComfortDelGro, Frasers Centrepoint Trust, and Mapletree Commercial Trust.\nGiving the evaluation in a report on its Insights Direct research platform, DBS pointed out that a worst-case scenario under Omicron is now \"unlikely\", citing current news observation.\nOn Tuesday (Dec 7), top US infectious disease expert Anthony Fauci said early indications suggest Omicron is not worse than prior strains and is possibly milder, although he cautioned that it would take weeks to judge its severity.\nNevertheless, DBS projected that Singapore's reopening will face a setback of 1 year if under the worst-case scenario - if Omicron is highly transmissible and highly virulent, and existing vaccines are ineffective at preventing serious illness across all age groups.\nThis effectively returns the reopening timeline to the time of September 2020, DBS noted.\nIt also gave 3 other scenarios.\nIn the event that the variant features high virulence but existing vaccines are effective, reopening stocks will hold up at their lowest level since early March, or 6 months prior to the first Vaccinated Travel Lane (VTL) launch, and gradually recover from there, DBS said.\nIts best-case scenario - if Omicron, despite being highly transmissible, is \"similar to seasonal flu\" and overtakes the Delta variant as the dominant strain - places the end of the pandemic in sight and sees the reopening timeline speeding up from here.\nThis is the best that can happen as the world population will achieve Omicron immunity without overwhelming healthcare facilities, it pointed out.\nAnd in the event that the variant shows low virulence but existing vaccines are ineffective, the reopening stocks will recover from recent lows, DBS said.\nDBS included a table in its report showing where the reopening stocks are currently, versus their post-VTL high and their lowest point 6 months before the first VTL launch.\nSIA's share price, which stood at S$4.99 as of Tuesday (Dec 7), swung 13 per cent from its post-VTL high and 7.1 per cent from the 6-month low. 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Reopening stocks either near bottom or have just rode out Omicron correction: DBS

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