Mapletree Pan Asia is finally lifting from the support line at SGD 1.18.
The REITs sector is typically seen as a defensive play during periods of weak market sentiment. The decline in Singapore’s interest rates and growing expectations of a Fed rate cut are driving its recovery.
Despite a 5.96% dividend yield, concerns remain as net property income continues to decline following the divestment of Mapletree Anson.
The REITs sector is typically seen as a defensive play during periods of weak market sentiment. The decline in Singapore’s interest rates and growing expectations of a Fed rate cut are driving its recovery.
Despite a 5.96% dividend yield, concerns remain as net property income continues to decline following the divestment of Mapletree Anson.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.