0006 GMT - Singapore's real-estate investment trusts and consumer companies would be more vulnerable to rising oil prices, Citi analysts say in a note. REITs have historically underperformed in a higher oil-price cycle, likely due to concerns around inflation and subsequent interest-rate moves, they say. Consumer companies are also exposed as expensive oil could weigh on consumer products, they add. Citi reckons Sheng Siong Group and CapitaLand Integrated Commercial Trust are among FTSE Straits Times Index constituents that are most at risk. Still, the Singapore market is likely to fare relatively better than its Southeast Asian peers, due to the city-state's safe-haven status and potential for its central bank to tighten its currency-based monetary policy if inflation accelerates.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 02, 2026 19:06 ET (00:06 GMT)
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