This is taken from an article in The Business Times today:
LMIR's Pluit Village.
The high dividend sectors of telcos and REITs performed the best in May. SGX highlighted the defensive nature of these two sectors in a market update on June 1.
In May, telcos declined 0.43% and REITs dropped 1.73%. The STI fell 7% from 2.979 to 2,773, the largest monthly drop this year.
SGX noted that the top
