Singapore’s Straits Times Index was little changed at 2,717.20 as of 9:30 a.m. local time. Two stocks gained for each that fell on the 30-member gauge.

Shares on the measure trade at 13.4 times estimated earnings, compared with about 17.5 times at the beginning of the year, according to Bloomberg data. The following shares were among the most active in the market. 

 

Ezra Holdings (EZRA SP), a provider of logistics services to the oil and gas industry, rose 1.8% to $1.71. The company said it won a US$80 million ($112 million) contract for the construction of an offshore accommodation structure for an unidentified customer operating in Africa.

 

Prudential Plc (PRU SP), the London-based insurer that listed in Hong Kong and Singapore last month, slipped 1% to $8.24. The company said it is in talks to terminate its takeover of American International Group Inc.’s Asian unit, AIA Group.

 

Tiger Airways Holdings (TGR SP), the budget carrier partly owned by Singapore Airlines (SIA SP), gained 1.2% to $1.73. The company said it has advanced the delivery of two Airbus A320 aircraft to the current year ending March 2011 from the following financial year.