SUBSCRIBERS

Interest in Reits, property counters lingers

CapitaLand posts its biggest intraday gain in two months following news of its divestment of three malls in China to CRCT

Published Tue, Jun 11, 2019 · 09:50 PM

SINGAPORE equities pushed on as risk-on sentiment continued to permeate the market, with interest still in property-related counters, among others.

The Straits Times Index (STI) closed at 3,209.58, up 21.47 points or 0.7 per cent.

On Tuesday, US President Donald Trump's threats to raise tariffs on China if he failed to meet his Chinese counterpart at the month-end G-20 summit made little impact in the region's markets.

Instead, investors stayed positive on hopes of a US Federal Reserve rate cut and further stimulus…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here