Singapore's biggest move to reopen: any trading chances?
On Saturday, Singapore announced that vaccinated travelers are allowed to fly and return to 9 more countries without worrying about quarantine. According to The Straits Times, this is the Republic's biggest move to reopen its borders so far.
Such a move also heats up the stock market. Singapore Airlines $SIA(C6L.SG$ once hit 8% to the highest price since April, actively traded with a volume of over 24 million shares in half a day.
What's your thought on the biggest move to reopen borders? Will it affect our lives? Is there any trading or investing chances?
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Johnnie Worker : Explosive move with such upper shadow in one day might not be good sign for trading, but the economy reopen will support the stock market in the long run.
THEWIZARD :
jOaNe0823 : hopefully it can go up to $5.75 by Friday, dunno possible onot lol...
monkeylove : Sats Is expected to benefit with more airlines coming to SG.
Huat goldfish : Lendlease Reit --- owns Somerset313
FBI888 : $SIA (C6L.SG)$
Singapore announces development and investment in us$SIA (C6L.SG)$This is very good news. Today's rise is the highest point since investment. I hope it will fly higher and be able to invest in the long term
jOaNe0823 : I see SATS is rising too but dunno what price is considered the right price to buy in...
101655953 : LENDLEASE REIT
