Market Round-Up: What did you miss?

Singapore stocks fell on Monday, as investors booked profits in recent outperformers.

• By Aastha Agnihotri
  July 24, 2017 18:22 +08

• Singapore stocks fell on Monday, as investors booked profits in recent outperformers such as Jiutian Chemical and Rowsley. The Straits Times Index fell 0.14 percent or 5 points to end at 3,309.

• Centurion Corp gained 2 percent after it announced its foray into the United States with a proposed acquisition of five student accommodation assets for S$187 million.

• Phosphate mining company AsiaPhos said it expects to report a higher revenue and profit after tax in the second-quarter due to increased sales volume and average selling prices of yellow phosphorus or P4.

• In-flight catering service provider SATS shed 0.4 percent after its profit fell 10.6 percent in the first-quarter.

• Real estate firm CapitaLand said its unit Ascott will buy an 80% stake in U.S.-based accommodation provider Synergy Global Housing for S$46.7 million.