Singapore’s Straits Times Index declined 0.8% to 0.8% to 3,212.10 at the close, the lowest since Nov. 2. The stock market will be shut tomorrow for a holiday. Almost three stocks fell for each that rose in the benchmark equity index of 30 companies.

Shares on the measure trade at an average 15.7 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. 

 

China Angel Food (CANG SP), a maker and distributor of confectionary and food products, surged 10% to 16.5 cents. The company said its controlling shareholder Fine Ally Group has offered to buy the rest of the company at 17 cents a share. Fine Ally, which holds a 49.8% stake in the company, plans to delist China Angel.

 

SIA Engineering Co. (SIE SP), the aircraft maintenance unit of Singapore Airlines, lost 0.5% to $4.37. The stock was cut to “neutral” from “overweight” by HSBC Holdings Plc.

 

Singapore Air (SIA SP), the world’s second-biggest airline by market value, slipped 0.8% to $15.78. Singapore Air, Qantas Airways, and Deutsche Lufthansa AG may need to replace a component in each of the engines powering their Airbus SAS A380 fleets, Rolls-Royce Group Plc said.

 

Tat Hong Holdings (TAT SP), a crane leasing company, decreased 2.9% to 99 cents. DBS Group Holdings and OCBC Investment Research lowered their rating on the stock to “hold” from “buy.”

 

Tiger Airways Holdings (TGR SP), the discount carrier part-owned by Singapore Air, gained 2.7% to $1.91. The company said passenger-load factor rose to 87% in October from 86% a year earlier as it carried 8% more passengers during the period.