Market highlights

1 Crane operator Tat Hong Holdings reversed a loss of $6.7 million to notch up a profit of $221,000 for the third quarter ended Dec 31. Revenue was 3 per cent lower at $121.5 million.

2 Kencana Agri expects to report a loss for the year ended Dec 31, due to lower production caused by arid weather affecting the first half of the year.

3 Singapore Exchange bought back 150,000 of its shares at prices between $7.55 and $7.61 apiece for a total of $1.1 million.

4 Stocks in the Real Estate Developers and Operators sector have given a return of 12 per cent so far this year. Shares with large Singapore exposure include UOL and Wheelock Properties.

5 Designer and shipbuilder Vard Holdings has won a contract to design and build a krill-fishing vessel for Aker BioMarine in Norway.

A version of this article appeared in the print edition of The Straits Times on February 15, 2017, with the headline 'Market highlights'. Print Edition | Subscribe