CityDev soars over 4% on re-inclusion in major FTSE index
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SHARES of Singapore property group City Developments soared more than 4 per cent on Friday, albeit in low volume.
This surge came amid speculation of the counter being added to an index that tracks the performances of listed real estate companies and real estate investment trusts (Reits) worldwide.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus