Market View: Will there be continuous cheer for S-REITs?

Singapore shares opened in the negative territory, but ultimately closed in the green, up 0.1%. We’ve seen an incredible run of Singapore stocks. Year-to-date, shares of the largest 30 Singapore companies are up 11%, and it has hit its all-time peak over the last 5 years. Is there more room to run? On top of that, Singapore REITs market is the second largest REIT sector in Asia, behind Japan.With Fed started cutting rates, investors have been cheering with shares of S-REITs recovering 15% over the last 3 months. So what’s next? Will S-REITs continue to be winners of the market? On Market View, Willie Keng speaks to Carmen Lee, Head of OCBC Investment Research, to find out more. 

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