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S'pore market may see some volatility but upside intact
Flash data expected to show country's economy shrank only slightly in first quarter
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Frasers Logistics & Commercial Trust (FLCT) is scheduled to join the STI effective tomorrow. FLCT's portfolio comprises 100 properties that span industrial and commercial real estate, including Alexandra Technopark (above), a portfolio value of approximately $6.2 billion spread across Australia, Germany, Singapore, the United Kingdom and the Netherlands.
ST PHOTO: DESMOND FOO
After hitting a high at 3,209.74 points last Monday, the Straits Times Index (STI) went somewhat flattish through the week as its main drivers, the banks, put up a rather muted performance.
Still, the benchmark Singapore index managed to eke out a 2.86-point gain from the previous Thursday (the previous Friday was a public holiday) to end last Friday at 3,184.54 points.
