Market highlights

1 Gold fell below US$1,200 an ounce after losing more than US$100 in less than a month as talk from US policymakers about a possible interest rate rise reinvigorated the dollar, Bloomberg wrote.

2 Soilbuild Construction plans to issue up to 167.369 million warrants at an issue price of five cents each. The basis is one warrant for four ordinary shares.

3 Water and energy solutions firm Hyflux's perpetual capital securities, which pay an annual 6 per cent distribution rate, started trading yesterday. If you had invested $1,000, the securities ended trade at $1,003.

4 Consumer firms - which supply goods and services - make up 14.4 per cent of the Straits Times Index. The 10 largest plays have averaged a 6.3 per cent total return this year, the SGX said.

5 French shipping line CMA CGM has said it will make a voluntary conditional general offer for Neptune Orient Lines stock. The offer price is $1.30 per share, which CMA said it will not increase.

A version of this article appeared in the print edition of The Straits Times on May 31, 2016, with the headline 'Market highlights'. Print Edition | Subscribe