Singapore’s Straits Times Index increased 0.2% to 3,198.1 as of 9:44 a.m. local time. Two stocks rose for each that fell in the benchmark equity index of 30 companies.

Shares on the measure trade at an average 15.5 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. 

Telecommunications companies: Mobile-phone subscriptions in Singapore increased to 7.21 million in October from 7.18 million in September, raising the number of active mobile numbers to 142% of the population from 141%.

Singapore Telecommunications (ST SP), Southeast Asia’s biggest phone company gained 0.3% to $3.14. Starhub (STH SP), Singapore’s second-largest phone company, climbed 0.4% to $2.66. M1 (M1 SP), the smallest phone company, increased 0.4% to $2.29.