Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Keppel Corp order win to Cromwell REIT IPO nod, get your daily dose of all the latest in the world of business right here.

SGX Logo. Reuters
  • Singapore stocks edged higher on Thursday, led by gains in Keppel Corp after new order win, but caution remained ahead of the global central bankers meeting later in the day.
  • The Straits Times Index gained 0.37 percent or 12 points to end at 3,272.
  • Trading resumed in Hong Kong after the city's exchange was forced to cancel trading on Wednesday as Typhoon Hato slammed into the island state.
  • Singapore conglomerate Keppel Corp gained 1 percent after it secured order worth more than US$400 million from Honolulu-based Pasha Hawaii to build two liquefied natural gas containerships.
  • Department store operator Metro Holdings rose 1.7 percent after saying it is in talks with Beijing-based property developer H-Change for a potential sale of its 30 percent stake in Chinese company Nanchang Top Spring.
  • IHH Healthcare, majority owned by Malaysian sovereign wealth fund Khazanah Nasional Berhad, edged up 0.3 percent after reporting a 29 percent rise in quarterly net profit due to one-off gain from divestment of a minority stake in Apollo Hospitals.
  • Cromwell European Real Estate Investment Trust said it received nod from Singapore Exchange for a proposed initial public offering of S$1.6 billion.