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Singapore bourse suffers wild swings, more pain in store

Analysts expect extended volatility as 'conditions for stability not fully in place' given Covid-19 infection rate yet to peak

Virus jitters were felt by markets across the region. In Singapore, the STI wrapped up the week in the red by 11 per cent.


WALL Street's worst plunge in three decades sent shivers through the Singapore bourse on Friday with unusually wild price swings as panic rose over a looming recession owing to the Covid-19 outbreak and plunging oil prices.

While traders were fixated on how low can stocks...

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