Thursday, March 07, 2013

The Brokers Times: support Singapore REITS, Index flat

SGX Stock Picks and Shares were slightly changed with the response of several brokers as many of them together in favor REIT as the sector for outperform.


The STI was notice to flat together the MSCI from Asia-Pacific shares keep Japan down in terms of 0.4%

The SGX REITs appetite continue solid with better supportive share market and positive balance sheet records add by DBS Vickers.

DBS also add a line that Developer-sponsored of REITs can opportunistically tap their pipelines for improvement.

DBS Picks are Fraser Commercial Trust, Cache Logistics Trust and Far East Hospitality Trust .
But Nomura keep out of track in Singapore REITs with recent results in a cautions position.

The Brokerage add more points by saying that yield curve has steepened and expects REITs' yield spreads to start rising.

Also the Mapletree Greater China Commercial Trust will soon begin trading around 2pm (0600GMT) later Trust Manager hiked S$1.6 billion ($1.28 billion) in its initial public offering at S$0.93 per unit

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