Jefferies

Broker's Calls

No catalysts in sight for CityDev as new housing initiatives threaten to curb buying sentiment: Jefferies

SINGAPORE (Aug 21): Jefferies is reiterating its “hold” call on City Developments (CDL) with a price target of $11, which is based on a 22% discount to a RNAV of $14, with the view that there are no immediate catalysts for the stock.

Broker's Calls

Higher stamp duty unlikely to douse positive property sentiment

SINGAPORE (Feb 20): Global investment bank Jefferies says the increase in buyer’s stamp duty for residential properties in Singapore announced at Budget 2018 on Monday could put a slight dent in developer margins, but is unlikely to put the brakes on po

Hot Stock

SGX shares opens near 7% lower on Nifty futures exit news

SINGAPORE (Feb 12): Shares in Singapore Exchange (SGX) opened at $7.40 -- nearly 7% lower than its Friday closing price of $7.89 -- following news that the Indian stock exchanges are intending to restrict the usage of Indian indices and market data by

Tourist arrivals soar, but are hospitality REITs ready to fly?

SINGAPORE (July 19): Singapore’s hospitality REITs look set to fly on the back of falling room supply and rising tourist arrivals.
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