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Monthly: CDL Hospitality Trusts drops 2% on weak volume

Dec 31, 2018 - News Bites - Asia: Singapore


CDL Hospitality Trusts (SI:J85), Singapore's 15th largest Real Estate Investment Trust (REIT) company by market cap, has dropped 3.0c (or 2.0%) in the past month to close at SGD1.46. The volume was 0.6 times average trading of 41.4 million shares. Compared with the Straits Times Index which fell 48.9 points (or 1.6%) in the month, this represented a relative price change of -0.4%. In the past month the market cap has declined SGD48 million (US$35.2 million)...