Market highlights

  1. Mainboard-listed Sunpower, a player in energy conservation and waste-to-energy projects, said subsidiary Jiangsu Sunpower Pressure Vessels Equipment Manufacturing has won deals and tender totalling 98.8 million yuan (S$23 million).
  2. StarHub has bought back 974,000 of its shares at between $3.19 and $3.21, for a total amount of $3.1 million.
  3. Three consumer-staple stocks - Super Group, Japfa and SunMoon Food - and one consumer discretionary stock, Genting Singapore, were among the 10 biggest volume leaders last week.
  4. Hai Leck's unit Hai Leck Engineering and Construction has won a mechanical and piping project on Jurong Island. The group's order book has risen by $25 million, counting this and other deals.
  5. SGX-listed Advanced Holdings is not expected to report a profit for the third quarter ended Sept 30, mainly due to lower revenue and gross profit amid challenging market conditions.
A version of this article appeared in the print edition of The Straits Times on November 08, 2016, with the headline 'Market highlights'. Subscribe