Singapore’s Straits Times Index decreased 0.7% to 3,186.68 as of 11:15 a.m. local time. Five stocks fell for each that rose in the benchmark equity index of 30 companies, which is headed for a 0.4% increase this week.

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. 

Commodity suppliers: The Thomson Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, dropped 0.3% in New York yesterday. Raw-sugar futures in New York fell for the third time this week on concern that an import tax will reduce demand from India, the world’s largest user.

 

Noble Group (NOBL SP), which is investing in sugar refineries in Brazil, sank 2.3% to $2.11. Olam International (OLAM SP), an agricultural commodities supplier, decreased 1.3% to $3.12.

 

Palm-oil suppliers: Crude palm-oil futures for February delivery dropped as much as 0.8% in Kuala Lumpur today.

 

Golden Agri-Resources (GGR SP), the world’s second- biggest palm-oil producer, decreased 2.5% to 77 cents. First Resources (FR SP), an Indonesian palm-oil producer, sank 1.9% to $1.52. Indofood Agri Resources (IFAR SP), the palm-oil unit of Indonesia’s biggest noodle maker, declined 2.1% to $2.78.

 

Bio-Treat Technology (BIOT SP), a Singapore-based waste and wastewater treatment company, advanced 10% to 5.5 cents. The company said it won a contract, valued at 500 million yuan ($98.4 million), to build a water treatment facility in Henan, China.

 

CapitaMall Trust (CT SP), the shopping mall landlord partly owned by CapitaLand (CAPL SP), increased 0.5% to $1.95. HSBC Holdings Plc initiated coverage of the stock with an “overweight” rating and share-price forecast of $2.22.