Top Stories
Company Update | Starhill Global REIT (SGREIT SP/NOT RATED/S$0.55)
SGREIT possesses income stability with master and anchor leases accounting for 54.3% of gross rental income as of Mar 26. SGREIT benefits from step-up in rents of 4.75% for The Starhill in Dec 25 and 6.1% for David Jones Building in Aug 26. New CEO Kemmy Tan took over in Jul 26. She previously served as CEO of M+S, the JV between Khazanah Nasional and Temasek.
Market Spotlight
- US stocks were higher on Tuesday, with all indexes rising as the information technology, communication services and energy sectors gained. There were more advancers than decliners on both NYSE and NASDAQ.
- The FSSTI rose 25.27 points to 5,495.61, supported by strength in OCBC and DBS. Mid-cap indices fell while small-cap indices rose, with a broad market advance on S$2.24b turnover.
Technical Analysis
Monthly Technical Indices Watch – Indices Outlook
FTSE Straits Times Index (STI IND): New high in the formation
Top Stories
Company Update | Starhill Global REIT (SGREIT SP/NOT RATED/S$0.55)
SGREIT possesses income stability with master and anchor leases accounting for 54.3% of gross rental income as of Mar 26. SGREIT benefits from step-up in rents of 4.75% for The Starhill in Dec 25 and 6.1% for David Jones Building in Aug 26. New CEO Kemmy Tan took over in Jul 26. She previously served as CEO of M+S, the JV between Khazanah Nasional and Temasek.
Market Spotlight
- US stocks were higher on Tuesday, with all indexes rising as the information technology, communication services and energy sectors gained. There were more advancers than decliners on both NYSE and NASDAQ.
- The FSSTI rose 25.27 points to 5,495.61, supported by strength in OCBC and DBS. Mid-cap indices fell while small-cap indices rose, with a broad market advance on S$2.24b turnover.
Technical Analysis
Monthly Technical Indices Watch – Indices Outlook
FTSE Straits Times Index (STI IND): New high in the formation
IMPORTANT NOTICE - DISCLOSURES AND DISCLAIMERS
This report is provided subject to, and must be read together with, the full Disclosures / Disclaimers available at the following link: https://research-api.uobkayhian.com/assets/disclaimer/df64a6ea-7980-447c-ae9e-fd19b93257dc, which are incorporated by reference into this report. In particular, this report is intended for general circulation and informational purposes only and does not constitute personal investment advice or a recommendation to buy or sell any investment product or security. You should independently evaluate the information and, where necessary, seek advice from a qualified financial adviser regarding the suitability of any investment. Analyst certifications required under applicable regulations, including SEC Regulation AC (where relevant), are included in this report. By accessing, receiving or using this report, you acknowledge that you have read, understood and agreed to be bound by the Disclosures / Disclaimers, as may be amended, supplemented or updated from time to time.
