Market highlights

1 The Singapore dollar weakened to $1.361 8 against the US dollar yesterday following the speech on Friday by US Federal Reserve chairman Janet Yellen. The August high was S$1.338.


2 Of the larger active SGX-listed stocks, supermarket group Sheng Siong was the biggest volume jumper last week, with turnover almost three times its three-month average. The stock rose 2.5 per cent as well.


3 SGX-listed Healthway Medical Corporation will issue up to 133.3 million new shares at three cents each. The funds will be used for general working capital requirements and business expansion.


4 Ratings agency Moody's said developer Yanlord Land's rating has been put under review for an upgrade, following improvement in its financial position, its strong liquidity profile and robust pre-sales.


5 Micro-Mechanics, which makes high-precision tools, had net profit of $11.9 million and revenue of $51.3 million for the year to June 30. It declared a final dividend of three cents per share and a special dividend of one cent per share.

A version of this article appeared in the print edition of The Straits Times on August 30, 2016, with the headline 'Market highlights'. Print Edition | Subscribe