CDL, Capitaland & Kepland – for week of 22 Apr 13

CDL 19 Apr 13

Capitaland 19 Apr 13

Kepland 19 Apr 13

After the cooling measures announced in mid January this year, our local property stocks have been in the doldrums. Lately, they seems to make a come back. The above chats of CDL, Capital Land and Kepland seems to tell us that the counters have reached their supports and is ready to bounced back. CDL and Capitaland have yet reverse. However, I can see that Kepland is making its way up. Usually for property stocks, they will follow each others. If there is no major incident occurring that will adversely affect the markets, I would foresee that CDL and Capitaland will follow suits and climb like Kepland.

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