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Hot stock: CapitaLand shares sink 4.7% after profit warning; analysts remain positive 

SHARES in CapitaLand took a beating on Monday, after the property group on Friday warned it would report a loss for the year ended Dec 31, 2020. But analysts seem to be maintaining their recommendations on the counter, which have largely been positive.

RHB analyst Vijay Natarajan told The Business Times (BT) on Monday: "We are not overly concerned about CapitaLand's full-year loss guidance as these are mainly driven by fair value and impairment losses, which are non-cash in nature."

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