S-REITs at ‘long-awaited turning point’, says OCBC Investment Research

The sector, which has been “bludgeoned” by the Covid-19 pandemic, sticky inflation and elevated interest rates, has been underperforming the benchmark Straits Times Index (STI) and the MSCI Singapore Index since 2020 to date.

Today there's some force-selling of the REITS Shares that added Resistances to the REITS Sector. Its share prices may be lifted after these force-selling sessions are over.

One of the REITS having staged Recovery
from 0.13c to almost 0.20c since mid-July 2024

“Notwithstanding limited historical data for S-REITs, the sector’s share price performance is dependent on the driver and rationale behind rate cuts by the Federal Reserve (Fed),” the team writes in its Aug 23 report.https://t.co/qtfXqKCf4H

— Isaac (@watsnex101) September 2, 2024