Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From AEM Holdings' profit guidance to Trendlines Group's investment, get your daily dose of all the latest in the world of business right here.

SGX Logo. Reuters
  • Singapore stocks gained on Monday, tracking gains in other Asian equities after U.S. inflation data underpinned optimism that the global growth is continuing at a steady pace.
  • The Straits Times Index rose 0.12 percent or 4 points to end at 3,323.
  • Shares in AEM Holdings, a maker of precision engineering equipment, jumped as much as 13 percent after it raised its nine months and full-year earnings outlook, citing higher sales, better profit margin, and better operational efficiency.
  • QT Vascular, a provider of advanced therapeutic solutions, climbed 9 percent after saying it had received "indications of interest" in relation to a potential transaction relating its assets.
  • Moya Holdings Asia, which designs and builds water treatment systems, on Monday said that the Indonesian Supreme Court dismissed a class action lawsuit against a unit of Moya's recent acquisition, Acuatico. Its shares lost about 6 percent.
  • Trendlines Group on Monday said units invested US$60,000 into a medical device start-up company InterVaal Pte.