Singapore Shares Plunge More Than 2% as Widening Middle East Crisis Rattles Asian Markets
Singapore shares clocked massive losses on Wednesday, losing more than 2%, tracking a similar pattern across the region amidst the US-Israel attacks on Iran during the weekend, with the conflict spilling over to the rest of the world.
In terms of star stocks, Keppel fell 6%; Wilmar fell 5%; Yangzijiang Shipbuilding, ST Engineering, and Capitaland Investment fell 4%; Seatrium, SIA Engineering, and Sats fell 3%; Singtel, Sembcorp, Genting Singapore, NIO, and SGX fell 2%; UOB, OCBC, and DBS fell 1%.
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