That meter is not really intended to measure capacitance of other types of component than capacitors. There are some meters that use complex phase and voltge measurements to measure capacitance when other component properties are also present but your meter does not.
I think what you are seeing is a false reading caused by the meter being confused by the resistance and mistaking the current flowing through it for charge in a capacitor. Meters normally use one of two common methods, either they discharge the capacitor then see how long it takes to recharge from a known current, or, they apply a known AC voltage at one end and measure the current it passes into a load at the other. In both cases, having resistance as well as capacitance will cause a wrong reading, making the meter think the capacitor is much larger than it really is. A typical capcitance across an SMD resistor will only be 1 - 2 pF.
Brian.