Singapore Stock Market News
Selldown across S-REITs
StockFanatic
Publish date: Tue, 28 May 2013, 10:55 AM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
S-REITs saw a broad-based selldown last Thursday, alongside a rise in
bond yields after Ben Bernanke's statements. While an abrupt end to
QE will impinge negatively on REITs, our strategists are expecting a
more orderly rollback. We see room for bargain hunting.
We retain our Neutral call on
Singapore property stocks but are
now more positive on the sector
compared to three months ago. We
make no changes to our regional
picks, with ASEAN being our
preferred region (Malaysia, Thailand
and Indonesia).
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