Markets highlights

Mitsubishi UFJ Trust & Banking Corporation has started a new index, iStoxx MUTB Japan Quality 150 Index, to highlight companies with high return on equity. The move follows Prime Minister Shinzo Abe's push to encourage Japanese companies to stop hoarding cash.

2 Shares of London-listed mining giant Glencore slumped to a record low after the firm reported a 56 per cent drop in first-half profit. The firm's bottom line has taken a beating from the China-led rout in commodity prices.

3 The Singapore Exchange has warned investors to "trade with caution" when dealing in the shares of Vard Holdings, which plunged 28 per cent yesterday before recovering. The shipbuilder said it was not aware of any reasons that could explain the unusual activity.

4 CapitaLand Mall Trust (CMT) Management said it is "exploring various options" with regard to Rivervale Mall. This is in line with its policy of continually evaluating CMT's portfolio of assets and exploring opportunities to maximise their value.

5 Trading in Soo Kee Group shares begins today. The jeweller's shares were launched at an initial offer price of 30 cents apiece. It plans to use the proceeds to open new stores in Singapore and Malaysia, and invest in its new Changi Business Park headquarters.

A version of this article appeared in the print edition of The Straits Times on August 20, 2015, with the headline '1 2 3 4 5 Markets highlights'. Print Edition | Subscribe