Monday 3 October 2016

Stock Market Today : Challenging environment keeps Daiwa on toes about Ascendas REIT .

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SINGAPORE (Oct 3): Daiwa Capital Markets is holding its "hold" approach Ascendas Real Estate Investment Trust (A-REIT) in spite of raising its objective cost to $2.41 from $2.38 already. 

The most recent target cost is around 7% beneath the agreement's $2.59, says investigator David Lum in a Friday report. He includes that the examination house stays careful about target costs that are altogether higher than net resource esteem (NAV).

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