SINGAPORE (Apr 28): Despite supply chain disruptions globally as countries go on lockdown to curb the spread of the coronavirus, market watchers are staying cautiously optimistic on Mapletree Logistics Trust (MLT).

“We remain comfortable that MLT’s pure logistics exposure is least impacted by the Covid-19 outbreak and Singapore’s tightening restrictions on workspaces,” says DBS Group Research lead analyst Derek Tan in an April 27 report.

Tan opines that the logistics sector is less impacted by movement control measures. “This implies that its earnings profile will remain more stable than peers,” he says.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook