Singapore’s Straits Times Index slipped 0.7% to 3,289.24 at the close, the biggest drop since Oct. 27. Twice as many stocks fell as advanced in the benchmark equity index of 30 companies.

Shares on the measure trade at an average 16 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market. 

 

Noble Group (NOBL SP) gained 1.9% to $2.17. The Singapore-based commodity supplier backed by China’s sovereign wealth fund said third-quarter profit rose 19% to US$157.2 million ($202.3 million) from a year earlier.

 

Singapore Airlines (SIA SP), the world’s second- largest carrier by market value, fell 1.2% to $16.12. The company took three Airbus SAS A380s out of service to replace Rolls-Royce jet engines after a similar unit exploded on a Qantas Airways aircraft last week.

 

StarHub (STH SP) declined 0.7% to $2.78. Singapore’s second-largest phone company said third-quarter net profit fell 3.7% to $82 million from a year earlier.

 

Wilmar International (WIL SP) slumped 5.4% to $6.51. The world’s biggest palm-oil trader said third-quarter net income was US$259.5 million, compared with US$653 million a year earlier. Analysts had expected a profit of U$448.7 million, according to three estimates compiled by Bloomberg.

 

Separately, the company’s executive director Martua Sitorus said it can’t meet its target of replanting 15,000 hectares of oil palm this year because of wet weather.