Tag: selloff

Singapore stocks plunge amid global sell-off after COVID-19 pandemic declared

SINGAPORE: Singapore’s stock market plunged more than 4 per cent on Thursday (Mar 12) after the World Health Organization (WHO) declared the COVID-19 outbreak a pandemic and the United States announced a 30-day ban on travel from Europe over the coronavirus. The benchmark Straits Times Index fell as much as 4.2 per cent to 2,666.05