Growing signs of correction or pause in uptrend of Reits sector
OVER the last five months, the FTSE ST Real Estate Investment Trust Index (FSTAS8670), an index for the Singapore Reits sector, soared over 14 per cent, significantly outperforming the Straits Times Index.
Oil may see a short-term recovery
OIL prices recently saw their steepest monthly decline since 2008, with leading benchmarks falling over 30 per cent from their peaks. Brent and WTI both fell over 20 per cent in November alone, closing around US$57.50 and US$49.41 per barrel respectively at month-end. The steepness of the...