SINGAPORE (Mar 5): CapitaLand Mall Trust (CMT) has seen its share price slide on concern over the novel coronavirus (Covid-19) outbreak in Singapore.

From its year-to-date peak of $2.62 on Jan 24 – a day after the first confirmed case in Singapore – the counter fell 13.4% to close at a 52-week low of $2.27 by the end of February.

But even as the coronavirus outbreak continues to spread across the globe, CGS-CIMB Research believes now is the time to buy into CMT.

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