Stocks closed higher on Thursday after a sharp comeback late in the session erased earlier losses stemming from concerns around the coronavirus.

The Dow Jones Industrial Average gained 124 points, or 0.4%. At its low of the day, the Dow was down 244 points. The S&P 500 ended the day up 0.3%. The Nasdaq Composite also gained 0.3%.

OUE Commercial Real Estate Investment Trust (C-Reit) has registered a distribution per unit (DPU) of 0.84 Singapore cent for the fourth quarter ended Dec 31, up 12 per cent year-on-year.

ASCOTT Residence Trust's (ART) distribution per stapled security (DPS) rose by 6 per cent to 2.27 Singapore cents for its fourth quarter ended Dec 31, from 2.15 Singapore cents a year ago.

(a-iTrust) third-quarter distribution per unit (DPU) rose 4 per cent year-on-year to 2.12 Singapore cents for the three months ended Dec 31, 2019.

CREATIVE Technology on Thursday said its net loss narrowed from US$4.92 million a year ago to US$2.8 million for the three months ended Dec 31.

PACC Offshore Services Holdings' (POSH) application for delisting has been approved by the Singapore Exchange, the loss-making offshore support vessel operator said in a bourse filing on Wednesday night.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR