In today’s briefing:
- REIT Watch – S-REITs gain on Fed chair Powell reaffirming three rate cuts to come this year
- Raffles Medical chair continues purchases; Sam Goi ups PSC stake
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REIT Watch – S-REITs gain on Fed chair Powell reaffirming three rate cuts to come this year
- 10 Top performing S-REITs and Trusts for Mar 18-22 MANULIFE US REAL ESTATE INV The top five gainers among S-REITs and property trusts in the week ahead of the Friday afternoon session were: Manulife US REIT, Keppel Pacific Oak US REIT, ARA US Hospitality Trust, First REIT, and Far East Hospitality Trust.
Raffles Medical chair continues purchases; Sam Goi ups PSC stake
- Share buybacks by primary-listed companies Institutions were net buyers of Singapore stocks over the five trading sessions through to Mar 21, with S$257 million of net institutional inflow, as 23 primary-listed companies conducted buybacks with a total consideration of S$26.5 million.
- This followed her acquisition of 13,900 shares at an average price of S$0.48 per share on Mar 7, and 191,500 shares at S$0.49 per share on Mar 11.