20/6 - Weekly Movements (REITs and STI)
As usual, we look at the price and volume movements of S-REITs and STI Components, week on week. This weekly post might come at a later hour from now on as I've recently secured employment, but I've also automated more of the data collation work, so hopefully I can get it before 9pm every Friday!
S-REITs
See my previous post for how the values are derived.
This week, REITs saw a general decline in volume/interest, while the prices was directionless, with most counters evenly distributed around the [-2%, +2%] range.
Sector Level:
Ranking:
This table shows the top 3 gains and drops in week-on-week volume, which can be considered as a proxy for general investor interest.
Apart from the above indicator for general interest, the below table looks as weekly price changes, which can be considered as a proxy for which counters investors find more favorable/attractive this week.
STI Components
For the STI components, most of them recorded lower trading volume/interest week-on-week, with mixed (slightly lower-trending) price movements. The volume spiked up last week, so this week's decrease is probably like a reversal to norm kind of thing.
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All data sourced from Yahoo Finance. REIT's classification into primary sectors sourced from REIT-tirement. New posts for this series will come up either late Friday (after market hours), or over the weekends.
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InvestingNugget