What are investors and traders likely to do as CapitaLand hovers around a one-year high and City Developments (CDL) is at a one-year low? For some market players, CapitaLand’s gains have offset the pains felt by CDL’s decline.

For others, CDL’s decline is an opportunity. “CapitaLand is too slow. For today, the drop in CDL is too big,” a market punter says, referring to an 11-cent decline in CDL’s share price, coming after a 30- cent decline in five trading sessions. Moreover, CDL fell below the $7 psychological bar. Whether this is transitory or not, traders looking for an opportunity may want to “catch” CDL as it falls.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook