S-Reits advance amid weaker market

SINGAPORE equities put in a mixed performance as investors continue to grapple with the ever-changing narrative of US-China trade talks.

That said, units in real estate investment trusts (Reits) traded decidedly higher after US Federal Reserve chair Jerome Powell said the central bank is likely to hold interest rates in the coming months.

Mr Powell added that the US job market and wage growth were also supporting inflation.