Singapore REITs (SREITs) are seen as a safe haven when the yield curve flattens in a rising interest rate environment. Even amid market volatility, “the stars are aligned” for hospitality and office sectors, say DBS Group Research analysts Rachel Tan and Dale Lai.“While the SREITs are not spar...

FOR the financial year ended Sep 30, 2021 (FY21), Frasers Property (FPL) posted S$833.1 million in attributable profit. This was a significant increase from the S$188.1 million reported in FY20. 

DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong are recommending investors switch from stock leaders to laggards on the recovery theme.This is as shares in counters benefitting from the reopening theme have re-rated since the easing of measures that include lowering the DORSC...

Analysts at UOB Kay Hian and CGS-CIMB Research are positive on Frasers Centrepoint Trust (FCT) on the back of improving shopper traffic and tenant sales.UOB KH analyst Jonathan Koh, who maintains a “buy” call on FCT, highlights that the trust has achieved positive rent reversion of 1.7% in 1HFY2...

CGS-CIMB slightly raised the target price of Frasers Centrepoint Trust (FCT) to S$2.75 from S$2.73 and maintained its "add" rating, after adjusting for the trust's distribution per unit (DPU) estimates for the financial years 2022 to 2024.

The manager of Frasers Centrepoint Trust (FCT) has reported distribution per unit (DPU) of 6.136 cents for the 1HFY2022 ended March, 2.3% higher than the DPU of 5.996 cents in the year before.Gross revenue for the 1HFY2022 increased by 1.5% y-o-y to $176.19 million due to the full six-month contribu...

FRASERS Centrepoint Trust (FCT) posted a 2.3 per cent rise in distribution per unit (DPU) to S$0.06136 for its first half ended Mar 31, 2022, from S$0.05996 a year ago, as the real estate investment trust (Reit) saw an improved operating and financial performance in the period.

The team at OCBC Investment Research (OCBC) is keeping its buy call on Frasers Centrepoint Trust (FCT) as it sees the REIT as being well-positioned for Singapore’s reopening. The team has, however, lowered its fair value estimate to $2.67 from $2.81 previously. It has also reduced its distribu...

Almost every sector in the Straits Times Index (STI) enjoys a tailwind,” he says.First, bank earnings are set to enjoy a huge lift upon entering an interest rate cycle, as a 100 basis point rise in rates can increase earnings by around 18%. “We believe the three domestic banks have excess deposi...

These counters were selected as they fit the following criteria: They are favourable sectors in the current inflationary environment, like banks, upstream commodity producers, and those riding on the aviation and tourism sectors’ recovery.Furthermore, these stocks ride on structural changes and th...