Dear readers, in today’s post, let us focus on five Straits Times Index (STI) stocks.
These five STI stocks are below:
Mapletree Logistics Trust
Mapletree Industrial Trust
Capitaland Integrated Commercial Trust
Keppel DC Reit
Singtel stock
Why am I focusing on the above five STI stocks?
Well, it will be clearer when I showed you the weekly gains of these five STI stocks as below:
Mapletree Logistics Trust: -0.62%
Mapletree Industrial Trust: -0.82%
Capitaland Integrated Commercial Trust: -0.88%
Keppel DC Reit: -1.02%
Singtel stock: -2.18%
The above are the five worst-performing STI stocks for the week ended 20 May 22 and as you can see from the names of these five stocks, a bulk (4 of the 5) STI stocks are Trusts and Reits.
As interest rates increase, Reits and Trusts become less favoured by investors. With the opening of Singapore’s economy, the top STI stocks for last week are SIA stock and SATS stock with a respective 6.01% and 5.31% gain for the week.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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