Market highlights

  1. AIMS AMP Capital Industrial Reit, Manulife US Reit, and CapitaLand Retail China Trust and telcos StarHub and Singtel were among the 10 most active volume leaders last week.
  2. The best performers this year among the 37 stocks with market caps above $1 billion and dividend yields over 4 per cent are Lippo Malls Indonesia Retail Trust, Keppel DC Reit, Venture Corp, Keppel Reit and Mapletree Commercial Trust.
  3. Mainboard-listed Thakral Corporation has expanded further in Japan by investing in the 105-room Hotel Oaks Reaze Tsukamoto in Osaka.
  4. Construction firm Keong Hong said net profit fell 9 per cent to $34.7 million for the full year ended Sept 30 while revenue fell 12 per cent to $248 million. It declared a final dividend of three cents per share.
  5. Citic Envirotech is proposing to split one existing ordinary share into two. The lower price will make the shares more affordable and encourage greater participation by investors, it said.
A version of this article appeared in the print edition of The Straits Times on November 29, 2016, with the headline 'Market highlights'. Print Edition | Subscribe