Daily BriefsSingapore

Daily Brief Singapore: ARA US Hospitality Trust, Wilmar International and more

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


REIT Watch – S-REITs gain on Fed chair Powell reaffirming three rate cuts to come this year

By Geoff Howie

  • 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

By Geoff Howie

  • 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.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars