facebookSingapore Stock Market Review This Week: CapitaLand Mall Trust Starts Trading as CapitaLand Integrated Commercial Trust
125
shares

Advertisement

Singapore Stock Market Review This Week: CapitaLand Mall Trust Starts Trading as CapitaLand Integrated Commercial Trust

profileSudhan P
125
shares

Singapore Stock Market Update (Week of 6 November 2020)

Singapore’s stock market benchmark, as represented by the Straits Times Index (STI), closed at 2,578.68 points on 6 November. It ended the week up 6.3% or around 152 points. 

Surprisingly, all 30 index components were in the green this week. 

The three biggest winners of the index were:

The three biggest “losers” of the index were: 

Here’s a chart showing the weekly STI movement:

Source: SGX

CapitaLand Mall Trust Trading as CapitaLand Integrated Commercial Trust Since 3 Nov 2020

CapitaLand Mall Trust is now trading as CapitaLand Integrated Commercial Trust (SGX: C38U) (CICT) under the same stock code. 

This comes after the successful merger between CapitaLand Commercial Trust and CapitaLand Mall Trust.

CICT is one of the biggest real estate investment trusts (REITs) in the Asia Pacific region and the largest REIT in Singapore by market capitalisation and total portfolio property value. 

Valuation Data of the Straits Times Index

The SPDR STI ETF (SGX: ES3), an exchange-traded fund (ETF) that can be taken as a proxy for the index, ended the week with the following valuations:

SeedlyReads Investment Content for the Week 

In case you missed out, here are some of the investment articles published during the week:

Have Burning Questions Surrounding The Stock Market?

Why not check out the SeedlyCommunity and participate in the lively discussion regarding stocks!

Disclaimer: The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any stock. The writer may have a vested interest in the companies mentioned.

Advertisement

profile
About Sudhan P
It isn't fair competition when only one company in the world makes Monopoly. But I love investing in monopolies. Before joining the Seedly hood, I had the chance to co-author a Singapore-themed investment book – "Invest Lah! The Average Joe's Guide To Investing" – and work at The Motley Fool Singapore as an analyst.
You can contribute your thoughts like Sudhan P here.

Still have more questions after reading the article? Fret not, ask our community here!

Stay updated with the latest finance tips!
Receive bite-sized finance on Telegram here.

What's Popular

    • Loading articles
    • Loading articles
    • Loading articles
    • Loading articles
    • Loading articles
125
shares

What's Popular

    • Loading articles
    • Loading articles
    • Loading articles
    • Loading articles
    • Loading articles

Still have more questions after reading the article? Fret not, ask our community here!