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Singapore’s Straits Times Index fell 0.2% to 2,877.11 as of the 12:30 p.m. trading break. One stock fell for each that rose on the 30-member gauge.
Shares on the measure trade at 15.1 times estimated earnings, compared with about 17.5 times at the start of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares on the measure trade at 15.1 times estimated earnings, compared with about 17.5 times at the start of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Noble Group (NOBL SP), the commodity supplier backed by China Investment Corp., rose 0.6% to $3.35. Noble wants to buy and build coal mines, ports and plantations to benefit from rising Asian demand, Chief Executive Officer Ricardo Leiman said.
TPV Technology (TPV SP) declined 0.5% to 92.5 cents. The Hong Kong-based contract maker of computer monitors will form a US$40 million ($55.8 million) venture to build displays in Poland with AU Optronics Corp., Taiwan’s largest maker of liquid-crystal displays.
