Market highlights

1.  Opec appeared on course to maintain current oil output at a meeting yesterday rather than cutting production to lift sagging crude oil prices, Agence France-Presse reported.

2. SGX said the total securities market turnover value fell 16 per cent last month from October and fell 13 per cent year on year to $19.4 billion. Total market value of the 771 listed firms was $902.4 billion as at the end of November.

3. China property player Yanlord Land's chairman and chief executive, Mr Zhong Sheng Jian, bought one million shares at $1.0499 each, investing a total of $1,049,900.

4. Yoma Strategic Holdings is partnering Malaysian player Axiata's unit edotco on the growing telecom tower business in Myanmar. Yoma holds a 25 per cent stake, while edotco has 75 per cent.

5. SGX has approved Qingmei's request for an extension of up to Jan 31 to unveil its third-quarter results. It has been looking for a financial controller since February, but is using an external firm to prepare the results meanwhile.

A version of this article appeared in the print edition of The Straits Times on December 05, 2015, with the headline 'Market highlights'. Subscribe