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Hot stocks: Yield plays in vogue after dovish Fed stance
DIVIDEND and yield stocks were in active play on Thursday morning, amid expectations that the US Federal Reserve will delay a rate hike beyond June.
Shares of Singtel rose eight Singapore cents, or nearly 2 per cent, to S$4.21 as at 11.03am. It was the second most actively traded stock, with 20.5 million shares changing hands.
Hutchison Port Holdings Trust also rose half a cent to US$0.695.
Most real estate investment trusts (Reits) gained on Thursday morning, with Ascendas Reit, CapitaMall Trust and Suntec Reit among the active Reit counters.