Market Round-Up: What did you miss?

The Straits Times Index fell 0.16 percent or 5 points to end at 3,325.

By Aastha Agnihotri
July 31, 2017 19:03 +08

trader — Reuters

Singapore stocks fell for a second day on Monday, dragged by financials such as OCBC Bank and United Overseas Bank. The Straits Times Index fell 0.16 percent or 5 points to end at 3,325.

Property developer United Industrial Corp ended little changed on Monday. Its its net profit fell 33 percent in the second-quarter due to increased expenses and fair value losses.

Raffles Medical pared most of its gains to close unchanged after reporting a 0.5 percent increase in the second-quarter net profit. The company said it expects the Group to remain profitable in 2017.

Shares in TT International were halted from trading pending the release of an announcement.

The Singapore-listed TT International last week said that it had received a letter of demand from solicitors of unit Big Box Pte Ltd claiming repayment of S$50.75 million in alleged rental arrears.