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Stock Weekly: Far East Hospitality Trust drops 2.2% on weak volume

Sep 20, 2019 - News Bites - Asia: Singapore
Financial Results


Dateline: Friday September 20, 2019Far East Hospitality Trust (SI:Q5T), Singapore's 23rd largest Real Estate Investment Trust (REIT) company by market cap, has decreased 1.50c (or 2.2%) in the past week to close at 67.50c, ending a four-week streak of rises. Compared with the Straits Times Index which fell 51.8 points (or 1.6%) in the week, this represented a relative price change of -0.6%. The volume was 0.5 times average trading per week of 9.9 million sha...