Stocks

Chart of the Day: Top 10 largest stocks hit average returns of 11.8% in April

Mapletree North Asia Commercial Trust’s returns of 21.2%.

CapitaLand launches $5b euro medium term note programme

Proceeds from the notes will refinance existing debt.

City Developments buys 50% stake in IREIT Global Group for $18.4m

The firm also bought 12.4% of the REIT’s total issued units for $59.4m.

Quarz Capital urges merger between Ascendas Hospitality Trust and Ascott Residence Trust

The merger is said to bring an asset base and market cap exceeding $6.6b and $3.6b, respectively.

No Signboard under investigation by CAD

This follows after its CEO conducted an abortive share buyback.

SGX net profit rose 2.8% to $99.7m in Q3

Its REITs sector contributed 20% of the overall securities daily average value in the quarter.

Daily Markets Briefing: STI up 0.3%

Wall Steet's gains could buoy the local market today.