The Straits Times Index rose 1.9% to 2,745.02 at the close, the most since November 16 last year. Stocks on the measure trade at 14.6 times estimated earnings, compared with about 10 times at the start of 2009, according to data compiled by Bloomberg. The following shares were among the most active in the market.

Longcheer Holdings (LHL SP) jumped 6% to 53 cents, the biggest gain since November 13. The designer of mobile phones in China said second-quarter net profit attributable to shareholders was 39.1 million yuan ($8.15 million), compared with 28.4 million yuan the year before.

Singapore Telecommunications (ST SP) added 2.7% to S$3.03, the most since September last year. Southeast Asia’s largest phone company reported third-quarter net income of $990.7 million ($697.1 million). SingTel was projected to post profit of $948 million in the three months ended Dec 31, according to the median of three analyst estimates compiled by Bloomberg. The company also said its mobile customer base in the region expanded 23% last year, spurred by growth in India.

Texchem-Pack Holdings Singapore (TEX SP) surged 37% to 13 cents, the highest since May 2009. Texchem Resources Bhd. said it offered to buy the rest of its Texchem-Pack Holdings unit that it doesn’t already own for $5.5 million, or at 13.5 cents a share under an “exit offer.” Texchem, which owns 70.5% of Texchem-Pack, plans to delist the Singapore company after the proposed buyout. Texchem-Pack shares were placed under a trading halt yesterday.