- July was the first notable month of green performance for the S-REITs since the start of the year, with the FSTREI index up 2.0% m-o-m, albeit still underperforming the broader FSSTI index, which rose 5.2% m-o-m for the month of July.
- - Read this at SGinvestors.io -
- data center S-REITs (+2.7% m-o-m), alongside the
- large-cap industrials (+1.6% m-o-m).
FED could still hike but generally we are close to the end of the cycle.
- Read more at SGinvestors.io.
Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.
Geraldine WONG DBS Group Research | Derek TAN DBS Research | https://www.dbs.com/insightsdirect/ 2023-08-01 SGinvestors.io