S-REIT Sector Lodged 9% Return Over 9 Weeks
Since 14 May, the iEdge S-REIT Index has generated an 8.7% total return, outpacing the STI, which gained 3.2% over the nine weeks.
Technology Demand Led Manufacturing Stocks in 1H21
CEREIT, CDLHT & MUST Led S-REIT Sector Rebound Last Week
Last week, the iEdge S-REIT Index gained 0.5%, led by Cromwell European REIT, CDL Hospitality Trusts and Manulife US REIT averaging 4.3% returns.
Trade & Logistics Make a Mark in First Five Months of 2021
Singapore’s REITS with significant Industrial or Logistic property assets have all generated gains in the first five months of 2021. With total returns averaging 12%, two thirds of the nine REITs outpaced the iEdge S-REIT Leaders Index, while the remaining third generated a marginal total return in-line with the Index.
Singapore Stocks Paralleled GDP Strengths in 1Q21
Singapore’s full 1Q21 GDP report, indicated that local economic conditions continued to improve in March, with GDP growing 1.3% YoY, increasing from the preliminary 0.2% reading based on activity in January and February.
Singapore Tech Stocks Advance in April on Hardware Demand
Recent Highlights of the iEdge S-REIT Leaders Index
21 Non-STI Stocks Attracting Significant Trading Activity in 2021 YTD
The five of the 21 non-STI stocks recipient to the highest net institutional and prop trading flows were SPH, Sembcorp Marine, Thomson Medical, UMS and iFAST.
Manufacturing Stocks Extend Gains in 1Q21
STI Currently Leading World Benchmarks for March
Singapore Mid-Caps Edge Ahead of Regional Peers in YTD
STI Books 9% YTD Gain, with ETF Turnover up 88% YoY
S-REITs Yielding 6% & Leading the STI Reserve List
Recent moves of the S-REIT Sector have been aligned with global REITs. In-line with the Bloomberg World REIT Index, the S-REITs have averaged a marginal return in the 2021 YTD, and an 8% decline over the past 12 months.
STI Books Feb Gain, Led by SIA, SATS, YZJ & Banks
Singapore’s Five Most Traded Technology Stocks Complete FY20 Reporting
Singapore’s five most traded technology stocks – AEM, Venture, UMS, ISDN and Nanofilm have averaged 16% gains in the 2020 YTD, bringing their 12M average total return to 87%.