STI slide 8% in May. Can REITs hold up?

Singapore’s Straits Times Index dropped 8% in May 2019. S&P500 lost 6% in the same month. Can REITs hold up?

Sell in May and go away?

Let’s examine the YTD (Year-to-date) charts

  • STI dropped 8% in May 2019.
  • SPX dropped 6%.
  • S-REITs dropped 1.8%.

Clearly in May 2019, S-REITs has shown great resilience against the larger drops in STI and SPX, which dropped 4 times more and 3 times more respectively.

Want a list of high yield Singapore REITs? Click here.

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