S-Reits average -5.5% in total returns, 7.1% in yields
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AMID broad market weakness and concerns that higher interest rates would make dividend yields less attractive, the SGX S-Reit 20 Index's year-to-date average total return was a negative 5.5 per cent as at Monday, ahead of the year's final trading day on Thursday.
Individually, total returns ranged from a negative 20 per cent to a positive 10.1 per cent, data in an SGX My Gateway report on Tuesday showed.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts