When the COVID-19 pandemic hit our shores with a loud thud back in March, it resulted in a swift market crash.

Few companies, if any, were spared.

Many companies were sold down viciously as investors threw the baby out with the bathwater.

The indiscriminate selling even affected blue-chip companies as investors anticipated a sharp fall in demand for products and services.

Many industries, from airlines to hotels, were badly hit by widespread lockdowns and border closures.

However, there were also some pockets of resilience among the many businesses listed on the Singapore stock exchange.

After the initial panic selling subsided, investors began to behave more rationally.

Many began buying up the stocks of companies that proved resilient and able to continue growing despite the challenges brought about by the crisis.

As a result, some companies have recovered strongly from the share price lows reached during the height of the pandemic back in March.