Market highlights

  1. The SGX All Healthcare Index has a 6.4 per cent total return so far this year with a 5.9 per cent dividend yield. Singapore Medical Group, Health Management International and Singapore O&G are the best-performing shares.
  2. Standard & Poor's has lowered its long-term corporate credit rating on SingPost to BBB+ from A- to reflect its view on the company's tolerance of higher leverage. Outlook is stable.
  3. A China Environment unit has received a letter of demand from Zhongxin Bank claiming 386,973 yuan (about S$79,416) in overdue interest on a loan. It also got a letter from the lawyer of a Mr Chen Wen Zhong on 490,000 yuan due to him.
  4. Construction group Lian Beng has completed a $151 million acquisition of four retail properties -Ang Mo Kio Central, Bukit Merah Central, Clementi Central and Toa Payoh Central. They are all 100 per cent tenanted.
  5. Sembcorp Industries bought back 150,000 of its shares at $2.5653 apiece for a total outlay of $385,228.
A version of this article appeared in the print edition of The Straits Times on November 10, 2016, with the headline 'Market highlights'. Subscribe