Aviation stocks crashed 38% in 2020 YTD

Aviation stocks crashed 38% in 2020 YTD

Singapore Business Review (SBR)·2020-04-07 11:00

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SIA, SIAEC, ST Engg, and SATS averaged 26% declines in March alone.

Singapore’s aviation stocks have plunged 38% year-to-date (YTD) as of 3 April, bringing their 10-year average total returns to a marginal gain of 7%, according to a report by SGX.

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