Reit Index (AMEX: VNQ) closed Wednesday's trading session at $76.25. In the past year, the ETF has hit a 52-week low of $60.14 and 52-week high of $78.86. Reit Index (VNQ) has been showing support around $73.84 and resistance in the $80.06 range....
These are the industries with 80% or more of their stocks advancing today.
These are the industries with 40% or more of their stocks making new highs.
It looks like REITs are asserting leadership again, and one of the former lagging REIT...
Pennsylvania Real Estate Investment Trust (NYSE: PEI) closed Tuesday's trading session at $22.11. In the past year, the stock has hit a 52-week low of $11.81 and 52-week high of $22.11. Pennsylvania REIT (PEI) stock has been showing support around...
May 22, 2013 1:44 AM
PROPERTY trusts across the Asia-Pacific have performed impressively in recent months, led by a surge in the value of Japanese real estate investment trusts (Reits).
SHARES dropped 0.30 per cent, or 10.33 points, to close at 3,443.90, the lowest in almost a week as the biggest firm by market value, Singapore Telecommunications Ltd, dropped 2.2 per cent following a broker downgrade.
Keppel REIT slipped...
Treasury Secretary Jacob Lew on Tuesday said underwriting standards have loosened in some markets, including certain real estate investment trusts, at the same time that investors are "reaching for yield" by investing in lower-grade credit. In...
Low rates have made investors hungry for yield. As a result, traditional higher yielding investments such as utilities and real estate investment trusts are getting bid up by investors. If this madness continues, the possibility that many...
Japan's monetary easing on asset prices is uneven. Shares in real-estate investment trusts have soared, but underlying property prices have barely budged. That should have REIT investors worried.
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