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Monthly: Keppel-KBS US REIT climbs 4% on average volume

Dec 31, 2018 - News Bites - Asia: Singapore
Mergers and Acquisitions


Keppel-KBS US REIT (SI:CMOU), Singapore's 34th largest Real Estate Investment Trust (REIT) company by market cap, has climbed 2.50c (or 4.3%) in the past month to close at 61.0c, ending a six-month streak of losses. The volume was 1.0 times average trading of 11.7 million shares. Compared with the Straits Times Index which fell 48.9 points (or 1.6%) in the month, this represented a relative price increase of 5.8%. In the past month the market cap has risen ...