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Investors still see value in Singapore developers

Hot Stock

Investors still see value in Singapore developers

PC Lee Published on Mon, Jun 19, 2017 / 12:23 PM GMT+8

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SINGAPORE (June 19): After sliding last week, Singapore developer’s stocks are smartly higher today as investors seem to do some bargain-hunting.

CapitaLand is up 0.8% or 3 cents at $3.59 while City Developments is up 2.1% or 23 cents to $10.84 after falling 0.8% and 3.1%, respectively.

Weighing on the sector last week was a decline in home sales last month.

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