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Singapore's hospitality sector kept at 'neutral' by OCBC

Samantha Chiew
Samantha Chiew • 2 min read
Singapore's hospitality sector kept at 'neutral' by OCBC
SINGAPORE (July 10): OCBC Investment Research is maintaining its “neutral” rating on Singapore’s hospitality sector.
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SINGAPORE (July 10): OCBC Investment Research is maintaining its “neutral” rating on Singapore’s hospitality sector.

Since the start of June to the close of July 9, hospitality Singapore REITs (S-REIT) under the research house’s coverage have posted negative returns, ranging from –0.9% (ART) to –5.3% (FEHT).

This compares to –5.8% for the STI, –9.1% for FSTREH, and –0.2% for FSTREI over the same period.

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