Market highlights

1. Crude oil held above US$50 a barrel as investors weighed the likelihood of a deal to reduce supply after Russia's energy minister said the country's output could rise to a record next year, Bloomberg reported.

2 Mapletree Industrial Trust's Phase One of the build-to-suit development for Hewlett-Packard Singapore at 1 Depot Close has obtained its Temporary Occupation Permit.

3 The five best-performing constituents of the SGX APAC ex-Japan Dividend Leaders Reit Index are Keppel Reit, Mapletree Commercial Trust, CapitaLand Commercial Trust, Frasers Centrepoint Trust and Mapletree Greater China Commercial Trust.

4 Sembcorp Marine said its wholly-owned subsidiary, Sembcorp Marine Offshore Platforms, is buying the 30 per cent of Sembmarine North Sea that it does not own for £137,500 (S$234,500).

5 Halcyon Agri said it owns 90.01 per cent of GMG Global shares as at 5pm yesterday. It has no intention to support any action or take any steps to maintain the listing status of GMG on the SGX.

A version of this article appeared in the print edition of The Straits Times on October 22, 2016, with the headline 'Market highlights'. Print Edition | Subscribe