Market Round-Up: What did you miss?

Singapore equities fell on Thursday after a five-day rally, dragged lower by lenders such as DBS Group and United Overseas Bank.

• By Aastha Agnihotri
  July 20, 2017 18:48 +08

• Singapore equities fell on Thursday after a five-day rally, dragged lower by lenders such as DBS Group and United Overseas Bank. The Straits Times Index fell 0.96 percent or 32 points to end at 3,293.

• Shares of Singapore-listed Rowsley jumped 18 percent. The realty firm stock jumped 99 percent on Wednesday after saying it planned to buy healthcare assets valued at S$1.9 billion from its controlling shareholder, billionaire Peter Lim.

• Singaporean conglomerate Keppel Corp reported a 21 percent fall in second-quarter profit, hurt by lower revenue from its offshore and marine business.

• Chemical maker Jiutian Chemical Group said it expected to report a "significant" rise in first-half revenue and net profit due to an increase in sales volume and average selling price of products.

• Industrial group SP Corp said it expects to report a loss for the second quarter and half year ended June 30, 2017.

• Keppel Telecommunications & Transportation reported a 45 percent drop in second-quarter net profit, due to lower contribution from the disposal of units in its data centre division and weaker performance from logistics division.