Markets highlights

1 SIA Engineering bought back 75,000 of its shares at prices between $3.70 and $3.75 apiece yesterday. The total consideration was $279,922.

2 China Great Land said it expects to make a net loss for the half year to June 30, due to weak market sentiment and the poor business climate.

3 Chinese steel player Delong Holdings said it expects to report a significant increase in net profit for the second quarter to June 30 compared with the first, due to a continued rise in sales.

4 Soup Restaurant said it expects a loss for the second quarter to June 30, partly owing to the closure of two profitable outlets, one because of mall refurbishment and the other due to an expired lease.

5 Trading firm Intraco expects to report a loss for the half year to June 30, partly due to a decrease in revenue in its plastic trading business.

A version of this article appeared in the print edition of The Straits Times on July 30, 2016, with the headline 'Markets highlights'. Print Edition | Subscribe