Markets highlights

1 Gold was little changed in London as the United States Federal Reserve wrapped up a policy meeting. The precious metal has climbed 24 per cent this year, Bloomberg said.

2 Oil prices slid to fresh three-month lows over global oversupply concerns and as the US summer driving season ends. Brent crude fell 51 US cents to US$44.36 a barrel, said Agence France-Presse.

3 Food player Neo Group expects to report a loss for the first quarter ended June 30,due to seasonal effects in the catering business, the competitiveness in retail markets and the integration costs from the manufacturing business.

4 Units of EC World Reit, which has six properties in Hangzhou, will start trading on the Singapore Exchange today. It raised $629.8 million from the initial public offer.

5 Sembcorp Marine announced that fund manager Franklin Resources has ceased to be a substantial shareholder.

A version of this article appeared in the print edition of The Straits Times on July 28, 2016, with the headline 'Markets highlights'. Print Edition | Subscribe