Singapore Budget 2020: Sheng Siong, SIA and Reits get sugar buzz from Budget 2020

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Consumer stocks, some companies in coronavirus-hit sectors as well as local real estate investment trusts (Reits) have scored a sugar rush from Tuesday's Budget.

Investors flocked to hospitality and some retail Reits yesterday as landlords in outbreak-hit sectors, including tourism, hospitality and retail, weighed up the assistance measures.

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A version of this article appeared in the print edition of The Straits Times on February 20, 2020, with the headline Singapore Budget 2020: Sheng Siong, SIA and Reits get sugar buzz from Budget 2020. Subscribe