Market highlights

1 Britain leaving the EU would hit the pound: 29 of 34 economists polled by Bloomberg see it sinking to US$1.35 or below within a week of the vote - levels last seen in 1985. It was at US$1.39 on Wednesday.

2 China took a major step towards giving foreigners free access to its huge bond market as it axes restrictions on capital inflows to counter an exodus of money that drove the yuan to a five-year low, Bloomberg said.

3 SGX-listed Straco said profit for the quarter ended Dec 31 rose 42 per cent to $6.3 million, mainly due to more revenue from the Singapore Flyer, which it operates. Revenue rose 23 per cent to $23.83 million.

4 Catalist-listed Figtree Holdings - a designer and builder of commercial and industrial facilities - has finished its first high-tech industrial park in Jiangsu and a housing project in Jiangyin, both Chinese cities.

5 SGX-listed China International, whose activities include energy and natural resources, water supply services and toll bridge, warned that it will report a loss for the year ended Dec 31.

A version of this article appeared in the print edition of The Straits Times on February 25, 2016, with the headline '1 2 3 4 5 Market highlights'. Print Edition | Subscribe