PhillipCapital’s research analyst Natalie Ong has maintained her “overweight” recommendation on Singapore real estate investment trusts (S-REITs), as the FTSE S-REIT Index fell 4.6% m-o-m, in line with the Singapore market. To Ong, she expects catalysts in the REITs’ unit prices due to acqui...

Analysts from CGS-CIMB Research, DBS Group Research, OCBC Investment Research (OIR) and RHB Group Research are positive on the aviation, aerospace, tourism sectors, as well as consumer manufacturing and retail sectors, following the unveiling of the Singapore Budget for 2021. Deputy Prime Minister a...

Singapore’s fiscally prudent budget targeting just a few sectors of the country’s pandemic-hit economy for support will do little to significantly boost the country’s lagging stock market — although some sectors like aviation and green energy are set to benefit, say analysts. The benchmark S...

Frasers Property plans to raise $1.28 billion via a rights issue, so that it can have more resources to invest in industrial and logistics assets, as well as to reduce its gearing. The company plans to raise the funds by issuing up to issue 1.086 billion new ordinary shares at $1.18, adding to the e...

Despite its hospitality segment continuing to face headwinds from the Covid-19 pandemic, CGS-CIMB analyst Lock Mun Yee has maintained her “add” rating on Frasers Property Limited (FPL) with an unchanged target price of $1.70. This was on the back of residential settlements staying on track for 1...

FOR the five local trading sessions that spanned Jan 29 to Feb 4, the Straits Times Index (STI) declined 0.5 per cent while the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index averaged a 1.4 per cent gain. Within the STI, UOB Bank, Wilmar International and OCBC have seen the highest net inst...

As Metro contemplates the potential closure of its two remaining outlets in Singapore, DBS Group Research analysts Geraldine Wong and Derek Tan weigh the implications its closure will have on SPH REIT and Frasers Centrepoint Trust (FCT). There are several years left on the lease at Metro Causew...

BETWEEN SPH Reit and Frasers Centrepoint Trust (FCT), the former is likely to see a greater possible impact from Metro Holdings' potential exit of its department store business, DBS Group Research said on Tuesday.

FOR the five local trading sessions that spanned Jan 22 to 28, the Straits Times Index (STI) declined 3.2 per cent with the Nikkei 225 Index, Hang Seng Index and S&P/ASX 200 Index also averaging a 3.2 per cent decline. This has brought the STI's total return for the 2021 year to Jan 28 to 2.7 per ce...

While there were no financials disclosed in Frasers Centrepoint Trust’s (FCT) business update for the 1QFY2021 ended December, analysts from CGS-CIMB Research, PhillipCapital and Maybank Kim Eng are encouraging investors to continue to accumulate units in the trust. CGS-CIMB analysts Eing Kar Mei ...