About $125 million was raised on Wednesday, as companies including Sundance Resources, Sino Gas and Quickstep Holdings used the long weekend to secure placements from investors.

■ Sundance Resources raised $60 million in a placement to international institutional investors. The placement was made at 40.5¢ a share. Sundance managing director Guilio Casello said the placement was oversubscribed and would enable the company to develop its Mbalam iron ore project.