Market highlights

1 Eight IT firms on the SGX have direct or indirect exposure to Apple. They have a market capitalisation of $78.7 billion and a return of 2.4 per cent for the year so far. They include Memtech International and Fischer Tech.

2 Ascendas India Trust has invested in a fourth aVance Business Hub, an IT building with a total floor area of 390,000 sq ft in Hyderabad, India.

3 Chiwayland has entered into a joint venture to develop a residential project on a 13,270 sq m site in Jianghan, one of the urban core districts of Wuhan, China.

4 GuocoLand said signed leases together with those under advance negotiations account for more than 60 per cent of office space at its Guoco Tower at Tanjong Pagar.

5 AEI Corporation, a maker of aluminium extrusion products, expects to report an operating loss for the half-year to June 30, due to weak demand, challenging market conditions and foreign exchange losses.

A version of this article appeared in the print edition of The Straits Times on July 29, 2016, with the headline 'Market highlights'. Print Edition | Subscribe