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Reit trading more volatile after MAS move on S$

Weaker currency is expected to lessen appeal of SGD-denominated assets: analysts

Published Tue, Feb 3, 2015 · 09:50 PM

    Singapore

    REAL estate investment trusts (Reits) are getting traded with heavier volumes and more dramatic swings in prices since Singapore's central bank eased monetary policy last Wednesday.

    CapitaMall Trust, for instance, had gained 10 per cent from the start of 2015 to reach a one-year peak of S$2.25 on Jan 23 before losing steam. It last traded at S$2.12 on Tuesday.

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