SINGAPORE (Feb 7): Amid the increasing spread of the novel coronavirus, shares of Singapore Airlines (SIA) are trading at a decade-low. The national flag carrier fell 5.4% year-to-date to close at $8.55 on Feb 4, or 14.6 and 0.9 times earnings and book value, respectively. At that price level, the stock is approaching its 2009 low of $8.21 in the wake of the global financial crisis. The counter is also now trading closer to its 2003 low of $7.78 during the outbreak of SARS.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply