Market highlights

1. The pound slid to its weakest level versus the euro in 15 months as a report showing factory output held near the lowest since 2013 highlighted concerns that UK growth is slowing, Bloomberg reported.

2. US employment increased solidly last month and wages rebounded, signs of economic resilience that could allow a cautious US Federal Reserve to gradually raise interest rates this year, Reuters said.

3. Queried by the SGX over price movements, TSH Holdings said it is in preliminary talks with certain parties over a potential disposal. Still, it is not certain that the potential transaction will materialise.

4. SGX-listed textile speciality chemical maker Matex International said that it will not go ahead with a reverse takeover of a Hong Kong-based coal miner and its coal mines.

5. China International's auditors noted its full-year net loss of 504.3 million yuan (S$105.4 million). It has debt of 424.9 million yuan and cash and cash equivalents of 18.9 million yuan.

A version of this article appeared in the print edition of The Straits Times on April 02, 2016, with the headline 'Market highlights'. Print Edition | Subscribe