Market highlights

1 SingPost bought back 516,600 of its shares for between $1.31 and $1.325 apiece for a total sum of $682,943.

2 OCBC Bank bought back 200,000 of its shares at $10.69 apiece for a total of $2.14 million.

3 Gold rose yesterday after hitting a six-week low in the previous session as bargain hunting set in, and the greenback fell before speeches by United States Federal Reserve officials, Reuters said.

4 Cityneon expects to acquire its third intellectual property by the end of the third quarter and the exit of its major investor will occur as planned, chief executive Ron Tan was quoted as saying by The Business Times.

5 Geo Energy Resources said the deal to acquire 100 per cent of Fortune Coal Resources has been completed.

A version of this article appeared in the print edition of The Straits Times on June 28, 2017, with the headline 'Market highlights'. Print Edition | Subscribe