ARA Logos Logistics Trust:
It has raised about S$50 million from a private placement to partially finance its proposed acquisition of five Australia properties and investment two of the sponsor's funds. About 90.5 million new units were issued at 55.25 Singapore cents each. The manager on Tuesday requested to lift its trading halt called on Monday. Prior to the halt, the counter was trading at 59.5 Singapore cents.
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Stocks to watch: Singtel, Wilmar, Yanlord, Mapletree NAC Trust, Hotel GrandTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
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Europe: Rebound in factory output lifts stocks after selloff last week[BENGALURU] European stocks started November trading on a strong footing as a rebound in factory activity around the world outweighed worries over a resurgence in Covid-19 cases that is driving major economies in the continent back into a lockdown. Read more at The Business Times.
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Hong Kong: Stocks close with healthy gains[HONG KONG] Hong Kong stocks rallied on Monday following a hefty sell-off last week, with attention now on this week's US presidential election. Read more at The Business Times.
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Europe: London stocks down after second coronavirus lockdown[LONDON] Europe's major stock markets were hesitant in opening deals on Monday after Britain became the region's latest nation to announce a second coronavirus lockdown just ahead of the US election. Read more at The Business Times.
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Seoul: Stocks mark best day in over two months on strong exports, China data[SEOUL] South Korean shares on Monday marked their sharpest daily gain in more than two months as strong domestic export data and China factory activity offset caution over the US election and global coronavirus lockdowns. The won and the benchmark bond yield rose. Read more at The Business Times.
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Singapore stocks open higher on Monday; STI up 0.2%SINGAPORE shares rose at the opening bell on Monday after closing lower last Friday. Read more at The Business Times.
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