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Rising interest rates have weighed on the performance of ASX-listed Real Estate Investment Trusts (REITs) shares.

As per the data shared by the Australian Bureau of Statistics on 28 April 2023, the final demand (excluding exports) stood at 124.4 for the January-March quarter of 2023. It registered 1% sequential growth, but on an annual basis, it was higher by 5.2%.

After making a fresh 52-week low of AUD 0.185 on Monday, 24 April 2023, Magnis Energy Technologies Limited (ASX: MNS) shares witnessed some recovery over the last two trading sessions. On Friday (28 April), the stock rose 5.128% on top of Thursday's 2.63% up …