Published:
Chart of the Day: S-REITs outperform
LMIRT topped the list with a 9.6% gain.
OCBC Investment Research reported that the FTSE ST REIT Index had risen by 3.8% versus benchmark index STI’s gain of 1.8%.
Meanwhile those with Buy ratings among the S-REITs under OCBC's coverage raked up a growth of 4.5% on average.
"We expect majority of the S-REITs to showcase sturdy financial performance and balance sheets, aided by contributions from their investments, healthy operating metrics and active capital management,” said OCBC Investment Research.
Read Here
Advertise
Sign Up
