In one of my previous posts, I have shared how Singapore’s business trusts and Reits headed now nothing unlike Singapore stocks when the broader stocks markets went south. Equities in general have gained some grounds though I continue to have a bearish view of the Singapore stocks markets and regional stocks markets.
My view of the local Singapore stocks markets is clear which I have repeatedly reiterated: the next target and support of the Singapore stocks markets is 2,000 for the Straits Times Index.
Against the current stocks markets backdrop, let us take a look at which Singapore’s business trusts and Reits are still oversold.
The oversold Singapore business trusts and Reits are:
- ARA Hospitality Trust USD
- Ascendas India Trust
- Asian Pay Televison Trust
- CapitaCommerical Trust
- CapitaMall Trust
- CapitaRetail China Trust
- Eagle Hospitality Trust USD
- Far East Hospitality Trust
- Frasers Centrepoint Trust
- Frasers Hospitality Trust
- Frasers Logistics & Industrial Trust (AUD)
- Lippo Malls Trust
- Mapletree NAC Trust
- Starhill Global Reit
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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