CapitaLand Reits average 39% gearing with operational growth
Capitaland Investment (CLI), one of Singapore’s largest global real estate investment managers, oversees S$133 billion in real estate asset under management (RE AUM) and S$89 billion in fund under management (FUM) as of Mar 31, 2023. CLI’s fund management business includes 36 private funds and six listed real estate investment trusts (Reits) and business trusts, of which five are listed in Singapore.CapitaLand Investment’s (CLI) Singapore-listed Reits and business trusts1. $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ Aside from CapitaLand Ascendas Reit (CLAR) $ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ which did not disclose financial results in a first-quarter 2023 business update, CLI noted that severa
First Half of 2023: Top 10 SG Stock & Best Performing Sectors
The first half of 2023 brought both ups and downs for Singapore's stock market, as reflected in the closing figures of the $Straits Times Index(STI.SI)$ and the performance of individual stocks. While the STI closed at 3,205.91 points, down 1.63% from the previous quarter, several Singaporean stocks showed remarkable growth.Top 10 SG StocksDuring the first half of 2023, three Singaporean stocks stood out for their impressive performance.$TJ DaRenTang(T14.SI)$ emerged as the best performer, recording a significant growth of 95.13%. $SEMBCORP INDUSTRIES LTD(U96.SI)$ followed closely with a gain of 73.31%, while $KEPPEL