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Healthcare stocks get a shot in the arm as Wuhan virus fears rise

Stanislaus Jude Chan
Stanislaus Jude Chan1/21/2020 12:59 PM GMT+08  • 3 min read
Healthcare stocks get a shot in the arm as Wuhan virus fears rise
Private outpatient medical service provider Healthway Medical Corporation led the way on Tuesday, surging 42.9% to a new 52-week-high of 4 cents as at 12pm. But other SGX-listed healthcare stocks are also on the rise.
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SINGAPORE (Jan 21): The outbreak of a new SARS-like virus originating in Wuhan, the capital of China’s Hubei province, is putting Asian stock markets on edge.

By Jan 21, four people have died from the virus, as 15 Chinese medical workers were reported to have been infected after treating infected patients.

The World Health Organization has confirmed that the pathogen, known as 2019-nCoV, is being transmitted among humans.

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