Market highlights

1 Blumont - one of the counters caught up in the 2013 penny stock crash - expects to report losses for the fourth quarter ended Dec 31, and for the full year. Fair value for its shares has fallen owing to volatility in the markets and global economy.

2 Asti Holdings has warned it will report a loss for the full year ended Dec 31, owing to impairment losses on some assets and lower revenue. It faces ongoing research and development costs over semiconductor packaging technologies.

Investment holding firm Dragon Group expects a net loss for the year ended Dec 31, owing to impairment losses on certain assets, costs relating to the exploration of new business opportunities, and R&D costs for development of batteries.

4 The CEO of the Starhill Global Reit manager Ho Sing has bought 50,000 units at a cost of 73.5 cents per unit. Starhill Global Reit recently reported that second-quarter distribution per unit rose 2.3 per cent to 1.32 cents.

5 Advanced Systems Automation expects a net loss for the year ended Dec 31, as a result of impairment losses on certain assets and lower revenue. The firm makes equipment for the chip assembly business.

A version of this article appeared in the print edition of The Straits Times on February 17, 2016, with the headline 'Market highlights'. Print Edition | Subscribe