0112 GMT - Singapore's FTSE Straits Times Index is down 0.7% at 3143.45 in morning trade, weighed down by travel-related stocks. News of the spread of the highly infectious Omicron coronavirus variant worldwide is weighing on tourism shares, with Singapore Airlines dropping 2.4%, SATS Ltd. falling 1.3% and casino operator Genting Singapore losing 1.3%. Other decliners include taxi company ComfortDelGro, which is trading 3.4% lower. Gains are led by ST Engineering, which adds 0.8%. (yiwei.wong@wsj.com)
Singapore Shares Drop 0.7% as Travel Stocks Slide -- Market Talk
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.