Market Watch

Market sell-off offers chance to reinvest

Many investors will recall how, after the plunge in March last year, markets rallied strongly

Transport, property and hospitality stocks were the worst hit last Friday. SIA's stock fell 5.7 per cent to $4.50, while Sats slid 3.9 per cent to $3.69. In contrast, supermarket operator Sheng Siong surged 10.7 per cent to reach a new recent high of
Transport, property and hospitality stocks were the worst hit last Friday.ST PHOTO: KUA CHEE SIONG
Transport, property and hospitality stocks were the worst hit last Friday. SIA's stock fell 5.7 per cent to $4.50, while Sats slid 3.9 per cent to $3.69. In contrast, supermarket operator Sheng Siong surged 10.7 per cent to reach a new recent high of
Transport, property and hospitality stocks were the worst hit last Friday.PHOTO: ST FILE

What a week for the markets.

Concerns over rising inflation and fears that central banks could put the brakes on ultra-loose monetary policy have caused Wall Street jitters and market volatility.

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A version of this article appeared in the print edition of The Straits Times on May 17, 2021, with the headline 'Market sell-off offers chance to reinvest'. Subscribe