SINGAPORE - Stocks with Malaysian exposure were hit on the Singapore bourse on Thursday morning (May 10) after the shock election win by the opposition in Malaysia.
As at 11am, Singapore-listed stocks with Malaysian exposure such as Jardine Cycle & Carriage, IHH Healthcare and Hatten Land fell. Jardine C&C was down 81 cents, or 2.4 per cent, to $33.07, IHH Healthcare down five cents, or 2.5 per cent, to $1.98, and Hatten Land down 0.1 cent, or 0.6 per cent, to $0.16. Fraser and Neave bucked the trend with a one cent, or 0.5 per cent, rise to $2.09.
Already a subscriber? Log in
Dive deeper at $0.99/month
Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.
ST One Digital Package - Monthly
$9.90 $0.99/month
No contract
$0.99/month for the first 3 months, $9.90/month thereafter. T&Cs apply.
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
2-week e-paper archive so you never miss out on any topic that matters to you