Wuhan virus

ART says its geographically diversified portfolio should mitigate the impact of the Wuhan coronavirus outbreak.

Governments have tightened international travel and border crossings with China in their efforts to stop the spread of the pneumonia-like illness.

“The worst is yet to come,” Nomura says.

There is panic selling as investors fear a consumer slowdown. But the chances of a containment of the virus in the next month are high.

Will Sasseur REIT bounce back from the temporary closure of all four of its retail outlet malls in China amid the Wuhan coronavirus outbreak?

As a rule of thumb, the negative impact of a decrease in China’s GDP growth on the US and European economies is about one-fifth as large in percentage terms.

Like other S-Chips, market watchers are expecting Yangzijiang shares to remain shaky amid the outbreak of the deadly Wuhan virus.

“It’s hard to say when Singapore will make the quantum leap from having imported virus cases, to a full-blown community spread,” says Lawrence Loh, an associate professor at the NUS Business School.

Glove manufacturers and healthcare stocks lead the gainers on Tuesday, as the outbreak of the coronavirus spread to 14 countries, including Singapore.

“As the situation relating to the spread of the virus remains uncertain and fluid, it is currently difficult for the manager to ascertain the full financial impact of the crisis on the financial performance of Sasser REIT,” the manager says.