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Singapore’s Straits Times Index rose less than 0.1 point to 3,158.21 at the close. The same number of stocks gained and fell on the measure.
Shares on the measure trade at an average 15.3 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.
Shares on the measure trade at an average 15.3 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.
Asiatravel.com Holdings (AST SP), a provider of online hotel and travel reservations slumped 7.8% to 41.5 cents, its biggest decline since July 3, 2009. The company said full-year net income slumped 71% to $1.63 million from the year before even as revenue increased 16.8%.
Mermaid Maritime Pcl (MMT SP), a provider of drilling services to the oil and gas industry, declined 2.3% to 42.5 cents. The company had a full-year net loss of 465 million baht ($20.3 million), compared with a net profit of 714.5 million baht a year earlier.
