|Bid||3.0600 x 0|
|Ask||3.0700 x 0|
|Day's range||3.0300 - 3.0700|
|52-week range||2.5600 - 3.9700|
|Beta (5Y monthly)||0.99|
|PE ratio (TTM)||7.01|
|Earnings date||05 Aug 2020 - 10 Aug 2020|
|Forward dividend & yield||0.12 (3.95%)|
|Ex-dividend date||07 Jul 2020|
|1y target est||4.07|
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Most Asian stocks up, but pull back slightly from early gains * Strong USD keeps Asian FX under pressure * Political tensions, rising COVID-19 cases a big risk -analysts By Rashmi Ashok June 30 (Reuters) - Asia's emerging stock markets rose on Tuesday, boosted by encouraging China manufacturing activity that offered some hope for a recovery in the world's second-largest economy, while modest gains in the U.S. dollar kept regional currencies under pressure. While Asian stock markets benefited, currencies shed early gains as the U.S. dollar strengthened during the day to add 0.3% against a basket of currencies.
OCBC has made a S$150 million ($108 million) loan referencing SORA - the Singapore Overnight Average Rate - the first loan to use the new rate, the bank said on Tuesday, part of a major global effort to change lending benchmarks. Singapore's current main lending benchmark, SOR, is calculated using Libor - the London Interbank Offered Rate - which is set to be discontinued at the end of 2021. Authorities demanded the financial industry move away from Libor after several banks were found to have manipulated the benchmark for profit and fined about $9 billion in total.
* Thai baht at more than 4-month high * Singapore stocks outpace declines in region By Nikhil Nainan June 11 (Reuters) - Led by Singapore, shares in Asia's emerging markets slipped on Thursday, as the U.S. Federal Reserve's forecasts dented hopes that economies would recover more strongly once lockdowns introduced to slow the coronavirus pandemic are lifted. Bank-heavy Singapore led losses, with the Straits Times Index down 2.5%, outpacing drops of less than 1% in Jakarta, Manila and Kuala Lumpur. The Fed forecast the U.S. economy would shrink at 6.5% this year and promised to keep pumping liquidity into markets.
The real estate giant's diversified real estate portfolio helps to cushion the impact from the COVID-19 pandemic.The post 3 Key Things You Must Know Before You Invest in CapitaLand appeared first on The Smart Investor.
HONG KONG/SINGAPORE, March 31 (Reuters) - Asia's dealmakers are looking to distressed sales and a pick-up in take-private deals after fallout from the coronavirus outbreak sent first-quarter M&A activity to a seven-year low. Deal value across the Asia-Pacific region, at $177.4 billion, was down 20% in the first three months of 2020 versus the same period a year earlier, showed data from Refinitiv.
* Singapore ends lower for a sixth straight session * Indonesia and Thailand announce stimulus packages * Philippines stock exchange set to reopen on March 19 By Arpit Nayak March 18 (Reuters) - Most Southeast Asian stock markets gave up early gains to end lower on Wednesday, as fears over the economic damage from the coronavirus contagion overshadowed stimulus measures from major central banks. "Financial markets have been volatile these past few days, to say the least," said Venkateswaran Lavanya, analyst at Mizuho Bank, in a note. "We still think that financial market contagion resulting in a self-perpetuating financial crisis remains a real and present danger."
* Philippines suspends stock and bond trading indefinitely * Markets unimpressed by coordinated stimulus, policy -analyst * Indonesian index hits circuit breaker for the 3rd time in four sessions By Arpit Nayak March 17 (Reuters) - Southeast Asian stock markets fell on Tuesday, while the Philippine bourse suspended trading indefinitely in an unprecedented move, on fears of the damaging effects stemming from the coronavirus pandemic. Philippines shut down trading on its stock exchange and bond markets until further notice in a bid to protect the safety of traders, even as it put half its population of 107 million under a strict home quarantine to curb the spread. While Philippines managed to escape the broad losses in markets, other markets in the region suffered after Wall Street's main indexes clocked a historic rout overnight in their biggest plunge since the 1987 'Black Monday' market crash.
* U.S. announces $8.3 billion emergency spending to combat virus * Thai stocks hit 1-week high * Lower-than-expected Philippine, Thai inflation boosts rate cut prospects By Shruti Sonal March 5 (Reuters) - Most Southeast Asian stock markets edged up on Thursday, tracking a surge on Wall Street as robust U.S. economic data, more policy stimulus and Joe Biden's strong showing in the Democratic primary contests boosted sentiment. Services sector activity in the United States jumped to a one-year high in February, data showed, and the House of Representatives passed a $8.3 billion emergency spending to combat the coronavirus outbreak. "The prospect of the Fed starting a global easing cycle... and ramped up U.S. fiscal firepower to fight COVID-19 were catalysts for equity markets to front-run economic relief", Vishnu Varathan, a senior economist at Mizuho Bank, said in a note.
* Italy, Iran emerge as new epicenters of fast-spreading virus * Indonesian shares at nearly three-year low * Singapore set for worst week since last August Feb 27 (Reuters) - Most Southeast Asian stock markets fell on Thursday as the virus' spread to shores beyond China made investors swiftly reassess its potential economic impact, with the Indonesian index slipping to a nearly three-year low. The number of new coronavirus infections inside China was for the first time overtaken by fresh cases elsewhere on Wednesday, with Italy and Iran emerging as new epicenters of the rapidly spreading flu-like virus. The index was dragged lower by losses in financial stocks, with Bank Rakyat Indonesia slumping 6%, while Bank Central Asia slipped nearly 2%.
Transport operator SMRT Corp. and airline services provider, SATS Ltd. join the list of Singapore companies cutting pay amid the COVID-19 outbreak.
* South Korea takes steps to detect infections * Singapore snaps three straight sessions of losses * Consumer, resources shares weigh on Indonesia By Soumyajit Saha Feb 25 (Reuters) - Most Southeast Asian stock markets ended marginally higher on Tuesday after a selloff in the previous session, even as concerns over the rapid spread of the coronavirus remained. Kuwait, Bahrain, Oman, Afghanistan and Iraq reported their first cases, while South Korea, which has the most virus cases outside China, said it aims to test more than 200,000 members of a church at the centre of a surge in the infections. "I don't think this (rise in markets) has got any longevity," said Jeffrey Halley, senior market analyst at OANDA.
CapitaLand Mall Trust Management Ltd. will release one month security deposit to offset rental payments for March as part of moves to ease cashflow for all its mall tenants amid the COVID-19 outbreak.
Singapore has more foreign REITs than anywhere else in the world, and the companies’ importance on the nation’s benchmark equity index is the highest it’s ever been.
CapitaLand, Singapore’s largest developer, and other Singapore-listed companies announced temporary closures of some of the operations in China as the novel coronavirus spread further.
SINGAPORE (Jan 22): CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) are proposing to merge into a diversified commercial real estate investment trust (REIT) to be named CapitaLand Integrated Commercial Trust (CICT). The merged entity is expected to have a market capitalisation of $16.8 billion and a combined property value of $22.9 billion, making it the largest REIT in Singapore and the third largest in Asia Pacific.
* Singapore snaps six sessions of declines * Rise in Nov. inflation hurts Philippines * Resource, banking stocks help Indonesia By Soumyajit Saha Dec 5 (Reuters) - Most Southeast Asian stock markets ended higher on Thursday, with Indonesia leading the gains, buoyed by hopes of a preliminary Sino-U.S. trade deal before further tariffs kick in on Dec. 15. U.S. President Donald Trump on Wednesday raised expectations of a breakthrough after he said negotiations with China were "going very well," relieving some pressure in a week that has seen the U.S. announce tariffs on multiple other countries. Separately, media reports suggested the world's top two economies were closer to agreeing on the amount of tariffs to be rolled back in a phase-one trade deal.
* Singapore snaps six sessions of declines * Indonesia hits highest in over 2 weeks * Industrial, real estate hurt Philippines By Soumyajit Saha Dec 5 (Reuters) - Most Southeast Asian stock markets traded higher on Thursday, lifted by signals that Washington and Beijing were on course to reach a preliminary trade deal. Trade negotiations with China were going "very well", U.S. President Donald Trump said on Wednesday, a day after suggesting that a deal may not come until after the 2020 U.S. presidential election. The comments had triggered declines in global markets on Wednesday.
* Real estate stocks weigh on Philippines * Malaysia stocks fall after dismal trade data * Vietnam gains more than 1% By Soumyajit Saha Dec 4 (Reuters) - Most Southeast Asian stock markets ended lower on Wednesday, with Philippines falling the most, as U.S. President Donald Trump doused hopes of a preliminary deal to cancel further tariffs on China, set to come into force in about 11 days. Trump said on Tuesday that he had "no deadline" for a trade deal with China, and could wait until after the U.S. presidential election in November 2020 to sign an agreement.
SINGAPORE — CapitaLand has agreed to sell The Star Vista for $296 million to Rock Productions, the business unit of New Creation Church.
* China says agreed with U.S. to cancel tariffs in phases * Philippines Q3 GDP growth better than forecast * Thailand leads gains with a 1% rise By Sameer Manekar Nov 7 (Reuters) - Most Southeast Asian stock markets climbed on Thursday, with Thailand leading the pack with a 1% gain, after China said it agreed with the United States to cancel in phases the tariffs imposed on each others' goods. China's commerce ministry said Washington and Beijing must simultaneously cancel some duties on each others' goods for the two sides to reach a "phase one" trade deal. "The trade war started with tariffs, and should end with the cancellation of tariffs," Gao Feng, a commerce ministry spokesman, told reporters without specifying a timetable.
* U.S.-China trade deal could be delayed to Dec - official * Indonesia hits near one-month low * Philippines Q3 GDP came in better than forecast By Sameer Manekar Nov 7 (Reuters) - Indonesian shares fell more than 1% on Thursday, dragged by heavy losses in financials, while other Southeast Asian markets treaded water as signs of a delay in Washington and Beijing sealing an interim trade deal dampened sentiment. Reuters on Wednesday reported that a meeting between U.S. President Donald Trump and China's Xi Jinping to sign the long-awaited interim trade deal could be delayed until December. "The question really is, do we even get a December deal?" The Indonesian index seemed underwhelmed by the trade news, but shares dropped after President Joko Widodo urged bank executives to help spur growth with cuts in lending rates and loans, following feeble third-quarter growth data.
* Thailand gains most in 11 months * Malaysia Sept. exports -6.8% y/y (Reuters poll: -0.1%) * Philippine shares hit over 3-month high By Sameer Manekar Nov 4 (Reuters) - Most Southeast Asian markets rose on Monday, with Thailand leading gains, as investors took heart from signs of progress in Sino-U.S. trade talks. Also aiding sentiment was the expectation of a rate-cut by the Bank of Thailand at its meeting on Wednesday to support growth. Malaysia's benchmark index gained 0.6%, shrugging off a worse than expected decline in its September exports.