- Singapore shares rebounded on Monday, tracking a firmer Asia and Wall Street, as tensions between the United States and North Korea showed signs of easing.
- The Straits Times Index gained 0.88 percent or 29 points to end at 3,308.
- Golden Agri-Resources, a producer of crude palm oil and palm kernel, reported a 45 percent slump in second-quarter profit due to the recognition of deferred tax income of US$131 million in the previous period.
- Media content provider mm2 Asia jumped 3.2 percent after posting a 30 percent jump in quarterly profit, boosted by growth at its North Asia business and strong performance of subsidiaries.
- Singapore Medical Group added 1.6 percent after its first-half profit grew more than six times, fueled by growth at its healthcare services segment.
- Vallianz Holdings, a provider of offshore support vessels, advanced 8 percent after it posted a 12.5 percent rise in quarterly profit, helped by growth at its Middle East market.
- Spackman Entertainment, a South Korean theatrical film production group, announced its proposed acquisition of Take Pictures Pte for an undisclosed amount. Stock closed unchanged at S$0.105.
