Nov[7] - REITs Screener

REIT counters used to be sensitive to movement of interest rate. While market are preparing for rate hike announcement from FOMC, local REITs were facing headwind of selling. Hunting period is present. The following counters were shortlisted because of low borrowing and stable income from its assets: Frasers Logistics & Industrial Trust (FLT) and Capitamall Trust (CMT). Respective price vs yield chart are below.