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Market Round-Up: What did you miss?

The Straits Times Index rose 0.54 percent or 18 points to end at 3,354.

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Reuters
  • Singapore stocks rose for a third straight session on Thursday, led by OCBC following an upbeat quarterly profit. The Straits Times Index rose 0.54 percent or 18 points to end at 3,354.
  • Singapore's second-largest lender Oversea-Chinese Banking Corp reported a better-than-expected quarterly profit, sending its shares to a record high.
  • Singapore Airlines said its first-quarter net profit fell 8.4 percent due to the absence of divestment gains and special dividends.
  • Singapore Exchange's full-year net profit fell 2 percent, weighed down by lower revenue and weak performance in its derivatives business.
  • Rising passenger traffic on routes to and from India boosted Singapore's Changi Airport last month. The hub handled a total of 5.21 million passengers in June 2017, up 7.7 percent compared to the same period last year.
  • A consortium led by Singapore's Oxley Holdings has acquired Serangoon Ville property for S$499 million in a collective sale.
  • Shares of Noble Group plunged, after the embattled commodity trader warned of a quarterly loss of as much as $1.8 billion.

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