Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. Get your daily dose of all the latest in the world of business right here.

• By Aastha Agnihotri
  October 5, 2017 17:50 +08

• Singapore stocks recovered after two sessions of declines on Thursday, led by gains in financials while positive Asian sentiment also supported risk appetite.

• The Straits Times Index advanced 0.78 percent or 25 points to end at 3,261.

• Shares in the aircraft maintenance company SIA Engineering rose 0.3 percent, recovering from a six-year low hit in the previous session.

• Property developer City Developments ended little changed after its unit and joint venture partner Hong Realty purchased Amber Park condominium for S$906.7 million.

• Alliance Mineral Assets declined 1.7 percent. The company said it entered into a deal with Hong Kong-based Burwill Holdings' unit to place A$19.6 million of shares after auditors flagged uncertainty about the mining firm's ability to operate as a going concern.

• Singtel fell 0.3 percent. The telecom major said it will bring in the Pixel 2 XL device as Google's exclusive telco partner, and the device will be launched on November 15.

• Singapore-listed EMAS Offshore, a unit of oilfield services firm Ezra Holdings, said it expects to re-commence financial reporting around November amidst ongoing restructuring efforts.

• Keppel Offshore & Marine's unit Keppel Shipyard secured a floating production, storage and offloading (FPSO) vessel conversion contract from its customer SBM Offshore.