Stock markets calmed down a little this week, even as the infection and death toll from the Covid-19 virus exploded upwards.
The disruption to life and business has become more acute by the day.
So much so that the Singapore Government had to announce a second support package called the Resilience Budget to help businesses and individuals to get through the crisis.
Singapore Airline Limited (SGX: C6L), or SIA, had, earlier in the week, announced that it had grounded the bulk of its fleet. 96% of its capacity up till end-April had been cut.
The big news, though, was the announcement of a massive rights issue on Thursday to bail out the airline and keep it afloat.
Temasek gave its blessings for the deal, and investors can heave a sigh of relief knowing that Singapore’s flagship carrier will continue to operate.
Though SIA has been thrown a much-needed lifeline, Royston believes that the airline is still not a buy.
Click to read: Why Singapore Airlines is Still Not a Buy
Chin Hui Leong digs deep into a property stalwart, Hongkong Land Holdings Limited (SGX: H78) and balances the good and the bad on the company.
Click to read: 3 Reasons to be Optimistic for Hongkong Land Holdings Limited’s Share Price
Click to read: 2 Reasons to Be Pessimistic for Hongkong Land Holdings Limited’s Share Price
The Resilience Budget is broad-based and will benefit many businesses during this protracted crisis. Royston takes a look at 15 companies that stand to benefit from it.
Click to read: 15 Companies That Will Benefit from the Covid-19 Resilience Budget
Despite the recent market crash, investors still need to ensure they separate the wheat from the chaff. Royston shares three companies that he will avoid during this crisis.
Click to read: 3 Stocks I Am Avoiding During This Crisis
With many stocks battered by the economic fallout due to Covid-19, we take a look at three blue-chip companies that are trading at their ten-year lows.
Click to read: 3 Blue-Chips Trading At 10-Year Lows
For those who have been actively planning for retirement, the market crash may have thrown these plans in disarray. Royston explores whether this crash would adversely impact your retirement.
Click to read: Will the Market Crash Affect Your Retirement?
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Please refer to the individual articles for stock ownership disclosures.
