Phase 2 (Heightened Alert)

Suburban-focused REITs 'most resilient'; prime office, industrial and healthcare REITs deemed as 'safe harbours': DBS - THE EDGE SINGAPORE

Broker's Calls

Suburban-focused REITs 'most resilient'; prime office, industrial and healthcare REITs deemed as 'safe harbours': DBS

On the retail S-REIT subsector, the team says it estimates a 6% to 10% cut in earnings estimates after the coming results season.
Economists keep growth forecasts unchanged following return to tighter measures but warn of downside risks - THE EDGE SINGAPORE

Singapore economy

Economists keep growth forecasts unchanged following return to tighter measures but warn of downside risks

Economists have maintained their GDP forecasts pending further clarity on the Covid-19 situation.
Phase 2 could cause earnings deterioration for upcoming 2Q results: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Phase 2 could cause earnings deterioration for upcoming 2Q results: CGS-CIMB

Banks, which typically drive the market EPS, may be more conservative in their assessment of asset quality, says CGS-CIMB.
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