The daily report summarizes the performance of the Straits Times Index and provides the top gainers and losers from the index. It also includes an economic update on Singapore GDP growth of 3.8% year-over-year driven by the construction and services sectors. Additionally, it provides a market update on banks managing OUE Commercial REIT's IPO and CapitaMalls Asia acquiring a new shopping mall in Guangzhou, China. Finally, it includes a stock recommendation to sell Hong Kong Land below $6.05 with target prices and a stop loss limit.