To minimise the likelihood of another circuit breaker, the multi-ministry taskforce has introduced additional anti-Covid-19 measures taking the country back to Phase 2 measures that will take effect from May 8 to May 30.

On this, CGS-CIMB Research analyst Lim Siew Khee has advised investors not to take any action on reopening plays just yet.

To Lim, the reduced activities would impact transport stocks such as ComfortDelGro (CDG), SBS Transit, retail REITs including Starhill Global REIT (SGREIT), Frasers Commercial Trust (FCT), Mapletree Commercial Trust (MCT), SPH REIT, as well as counters that would benefit from the re-opening, such as Genting Singapore (GENS) and Jumbo.

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