Markets highlights

1. Just a couple of days are left in the month for the United States stock market to avoid ending September lower. This week, the monthly jobs report and attempts to avoid a damaging US government shutdown are the key events for investors to track.


2. Troubled miner and commodity trader Glencore saw its share price drop to a record low as Investec warned that there was little value for shareholders should low commodity prices persist.


3. Chinese industrial companies reported that profits fell the most in at least four years during August as the pillars of China's infrastructure-led growth model suffered from a devalued yuan, a tumbling stock market and weak demand, Bloomberg reported.


4. SGX-listed Travelite said it is buying 50 per cent of Singapore Crocodile (1968) from Dr Tan Hian Tsin. Singapore Crocodile is a wholesaler and retailer of ready-made apparel.


5. SGX-listed Ryobi Kiso, a specialist ground engineering solutions provider, said it has won additional contracts worth $32.4 million, bringing the total new contracts secured since January this year to $88.3 million.

A version of this article appeared in the print edition of The Straits Times on September 29, 2015, with the headline 'Markets highlights'. Print Edition | Subscribe