Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. Get your daily dose of all the latest in the world of business right here.

An electric display chart showing the afternoon trading trend of the blue chip Hang Seng Index is seen through a camera at a brokerage in Hong Kong, China. REUTERS
  • Singapore stocks recovered after two sessions of declines on Thursday, led by gains in financials while positive Asian sentiment also supported risk appetite.
  • The Straits Times Index advanced 0.78 percent or 25 points to end at 3,261.
  • Shares in the aircraft maintenance company SIA Engineering rose 0.3 percent, recovering from a six-year low hit in the previous session.
  • Property developer City Developments ended little changed after its unit and joint venture partner Hong Realty purchased Amber Park condominium for S$906.7 million.
  • Alliance Mineral Assets declined 1.7 percent. The company said it entered into a deal with Hong Kong-based Burwill Holdings' unit to place A$19.6 million of shares after auditors flagged uncertainty about the mining firm's ability to operate as a going concern.
  • Singtel fell 0.3 percent. The telecom major said it will bring in the Pixel 2 XL device as Google's exclusive telco partner, and the device will be launched on November 15.
  • Singapore-listed EMAS Offshore, a unit of oilfield services firm Ezra Holdings, said it expects to re-commence financial reporting around November amidst ongoing restructuring efforts.
  • Keppel Offshore & Marine's unit Keppel Shipyard secured a floating production, storage and offloading (FPSO) vessel conversion contract from its customer SBM Offshore.