Market highlights

1 Gold edged higher yesterday as European shares hit a one-week low after data that showed Britain's vote on European Union membership dented German business confidence.

2 Goldman Sachs posted a 74 per cent rise in second-quarter profit as legal costs fell and fixed-income revenue surpassed analyst estimates. Net income rose to US$1.82 billion (S$2.5 billion), Bloomberg reported.

3 DMX Technologies said Anken HR has filed a writ of summons in the Hong Kong court, claiming $55,000, the fee due Mr Daniel Kung, a former independent director. DMX will defend the claim.

4 Manufacturing Integration Technology expects a net loss for the six months to June 30 due to the weak global market and the weakening of the US dollar against the Singdollar.

5 Ornamental fish supplier Qian Hu said profit for the quarter ended June 30 was up 25 per cent to $15,000. Revenue fell 4.6 per cent to $19.1 million.

A version of this article appeared in the print edition of The Straits Times on July 20, 2016, with the headline 'Market highlights'. Print Edition | Subscribe