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Tourism-related stocks will be hardest hit by Mers: Nomura

But impact of any outbreak will be milder than Sars, say both the Japanese firm and DBS

Thailand has said that a 75-year-old man from Oman is infected with Mers, in South-east Asia's first case of the virus since an outbreak in South Korea that has killed 27 people. And in Singapore, with individuals reluctant to be in crowded places, Nomura says that other stocks that could be impacted are those in retail trade and restaurants, hospitals, and public entertainment.


IF the Middle East Respiratory Syndrome (Mers) spreads further in Asean, airline, hotel, and mass public transport stocks would be among the hardest hit, said Nomura in a report on Monday.

In Singapore, these would include tourism-related stocks such as Singapore Airlines