Shares & Derivatives
[Paywall] SIA share price nearing 20-year low
By SG Wealth Builder  •  March 8, 2020
What a perfect storm for SIA share price! Amid the coronavirus outbreak, SIA share price plunged to $8.00, a level not seen during the dark days of the Great Financial Crisis in 2009. To put things into perspective, even during the SARS in 2003, the lowest point for SIA share price was $8.30. And that was 2003. If you factor in the inflation rate, the present SIA price reflected how badly the national carrier had been hit by this black swan event. SIA share price in crisis mode SIA share price in moment of madness Will SIA share price plummet to $7.50, the level it was trading in 2001? That was the period when US suffered the 9/11 terrorism attacks. On the basis of the current run of SIA share price, it seems like so. The reason for the difference between 2003 and the current situation is that the...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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