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K-REITs Weekly_Market Can’t Hold for Fifth Week, Dives after Ex-dividend Dates

2023. 12. 05 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    The REITs market has returned to a decline after four weeks of steady gains. The simple average return for the 20 listed REITs last week was 0.67%. The REITs market began to slow just after the US interest rate hike fears were eased. The ex-dividends had a big impact on the market. With ex-dividend dates coming up, stock prices fell sharply, dragging down the average for all REITs.     Chairman Powell’s Remarks Taken Positively alongside Interest Rate Cuts, Inflation, and Employment Indicators Comments made by Federal Reserve members, including its Chairman Jerome Powell, at the FOMC meeting last November were of great interest to the market as […]

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