SGX
An electric display chart showing the afternoon trading trend of the blue chip Hang Seng Index is seen through a camera at a brokerage in Hong Kong, China. REUTERS
  • 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.