Market View: Can we see some S-REITs spring a rally in the near future?

The Straits Times Index rose this morning, after US and Europe indices finished in positive territory overnight, opening in the green at 0.3 percent higher. To close the day, the STI closed up 0.9%

Meanwhile, markets in the region today saw a positive rally after the economic data out from the US boosted sentiment.The largely anticipated US inflation data, which showed year-on-year core consumer prices in July rose at the slowest pace since 2021. Does this now confirm a September rate cut? What does this mean for our S-REITs?

To find out more, on Market View, Hongbin Jeong speaks to Dan Chang, Trading Rep at Phillip Securities.

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