Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Singapore Airlines shares slip 1.3% after turbulent flight

Published 05/22/2024, 09:11 PM
Updated 05/22/2024, 09:16 PM
© Reuters. Airport officials stand near the Singapore Airlines aircraft for flight SQ321 parked on the tarmac after an emergency landing at Suvarnabhumi International Airport, in Bangkok, Thailand, May 22, 2024. REUTERS/Athit Perawongmetha
SINGY
-

SINGAPORE (Reuters) - Singapore Airlines (OTC:SINGY) shares fell more than 1% in early trade on Thursday, following a deadly turbulence-hit flight.

One passenger died of a suspected heart attack and dozens were injured after flight Singapore Airlines SQ321 encountered what the airline described as sudden, extreme, turbulence while flying over Myanmar on Tuesday.

© Reuters. Airport officials stand near the Singapore Airlines aircraft for flight SQ321 parked on the tarmac after an emergency landing at Suvarnabhumi International Airport, in Bangkok, Thailand, May 22, 2024. REUTERS/Athit Perawongmetha

Singapore markets were closed for a holiday on Wednesday and resumed trade on Thursday. Early turnover in the stock was modest and it was last down 1.3% at S$6.67 ($4.94) after dipping as far as 1.8% to S$6.64.

($1 = 1.3502 Singapore dollars)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.