Singapore's FTSE Straits Times Index rose 0.4% to close at 3348.46 amid gains in U.S. stock futures after Tesla announced stellar results. Tesla blew its 1Q results out of the water after the markets closed, which likely underpinned equities in Asia, Oanda said in an email.
REITs were among the STI's best performers. CapitaLand Integrated Commercial Trust rose 1.8% and Ascendas REIT advanced 1.4%.
Mapletree Commercial Trust added 1.6% after it said leasing momentum should pick up in the coming quarters.
Keppel REIT gained 1.7% after reporting an on-year rise in 1Q net property income.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments