Markets highlights

1 Aberdeen Asset Management has ceased to be a substantial shareholder of Keppel Corp after selling 107,000 shares.

2 Singapore's Reit sector has expanded 7 per cent so far this year, from $62.39 billion to $66.57 billion. The sector now boasts 31 Reits and six stapled trusts. The 37 trusts have averaged a 4.1 per cent total return so far this year.

3 Global Logistic Properties bought back 1,289,900 shares at prices between $1.80 and $1.815 apiece. The total sum spent was $2.33 million.

4 Construction player Keong Hong has received approval from the Singapore Exchange (SGX) for the transfer of its listing from the Catalist- sponsored regime to the SGX mainboard.

5 Trading in Indiabulls Properties Investment Trust was suspended at the close of the cash offer. Only 3 per cent of units are held publicly.

A version of this article appeared in the print edition of The Straits Times on June 23, 2016, with the headline 'Markets highlights'. Print Edition | Subscribe