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Singapore’s Straits Times Index dropped 0.6% to 3,261.35 at the close, trimming this week’s advance to 2.2%. Almost three stocks declined for each that rose in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 14.9 times estimated earnings, compared with about 15.6 times at the end of 2010, 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 14.9 times estimated earnings, compared with about 15.6 times at the end of 2010, 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, fell 1.3% in New York yesterday.
Noble Group (NOBL SP), a Hong Kong-based commodities supplier, lost 0.9% to $2.29. Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, decreased 2.7% to $3.20.
Palm-oil producers: Crude palm-oil futures for March delivery dropped as much as 2.7% in Kuala Lumpur today.
