Singapore’s Straits Times Index dropped 0.8% to 3,172.44 at the close, after rising as much as 0.6% earlier. The gauge increased 0.5% this week. Almost three stocks fell for each that rose in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.4 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 15.4 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.
CNA Group (CNA SP), the supplier of building- automation systems, sank 6.5% to 21.5 cents. DMG & Partners Securities lowered its rating on the stock to “sell” from “neutral,” saying the company will incur a loss from the sale of its stake in Standard Water.

Digg
Del.icio.us
StumbleUpon
Netscape
Yahoo
Technorati
Googlize this
Facebook