Singapore Budget 2020: Sheng Siong, SIA and Reits get sugar buzz from Budget 2020

Consumer stocks, some companies in coronavirus-hit sectors as well as local real estate investment trusts (Reits) have scored a sugar rush from Tuesday's Budget.

Investors flocked to hospitality and some retail Reits yesterday as landlords in outbreak-hit sectors, including tourism, hospitality and retail, weighed up the assistance measures.

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A version of this article appeared in the print edition of The Straits Times on February 20, 2020, with the headline 'Sheng Siong, SIA and Reits get sugar buzz from Budget 2020'. Print Edition | Subscribe