PhillipCapital, RHB, Citi, Maybank and CGSI have all upgraded or kept their “buy” and “add” call on FCT, but Citi notes that FCT has slightly underperformed S-REITs ytd.
On the flip side, the CGSI analysts think Wilmar International, Singapore Exchange, CDL Hospitality Trusts, ESR-REIT and Far East Hospitality Trust could possibly disappoint.
Consumer prices excluding fresh food rose 3% from a year earlier in December, accelerating from 2.7% in the previous month through higher energy costs, the Ministry of Internal Affairs reported Friday ...