Sheng Siong, SIA and S-Reits get a lift from Budget 2020

Investors flocked to hospitality and some retail Reits on Feb 19, 2020, as landlords in virus-hit sectors, including tourism, hospitality and retail, weighed up the assistance measures. ST PHOTO: CHONG JUN LIANG
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SINGAPORE - Consumer stocks, some companies in coronavirus-hit sectors and local real estate investment trusts (Reits) have scored a sugar rush from Tuesday's Budget.

Investors flocked to hospitality and some retail Reits on Wednesday (Feb 19) as landlords in virus-hit sectors, including tourism, hospitality and retail, weighed up the assistance measures.

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