|Bid||3.6800 x 0|
|Ask||3.6900 x 0|
|Day's range||3.6300 - 3.6900|
|52-week range||3.0200 - 3.7500|
|Beta (3Y monthly)||0.99|
|PE ratio (TTM)||10.14|
|Earnings date||18 Feb 2020 - 24 Feb 2020|
|Forward dividend & yield||0.12 (3.25%)|
|1y target est||4.07|
* 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.
* 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.
** Alphabet Inc's Google will buy wearable device maker Fitbit Inc for $2.1 billion, as the search giant looks to enter the fast-growing market for fitness trackers and smartwatches. ** Kenya's Safaricom plans to bid for one of two Ethiopian telecoms licences next year in partnership with South Africa's Vodacom, it said after posting a jump in first-half profit. ** Taste Holdings, owner of Starbucks and Domino's Pizza franchises in South Africa, said it was abandoning the food business, and had already sold its 13 stores of the coffee chain to a consortium for 7 million rand ($464,000).
The deal marks Ascendas REIT's entry into the United States, where it is buying 28 business parks located in Raleigh, Portland and San Diego. It plans to fund the acquisition mainly through a S$1.3 billion rights issue and loan facilities.
Look, I have a folded-up $20 CapitaLand voucher that’s been sitting in my wallet for over a year, untouched. CapitaLand malls are generally regarded as the best ones in Singapore. Indeed, most people I know do spend a lot of time and money at CapitaMalls, whether it’s the high-profile ones like Plaza Singapura, Funan Mall and Jewel Changi Airport, or the neighbourhood ones like Junction 8 or Westgate.
While many Singaporeans are enamoured with physical real estate, the debt burden makes it a much riskier investment proposition. Investors should look into these three businesses in order to gain safer exposure to real estate.