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Singapore’s Straits Times Index gained 0.3% to 3,229.69 at the close, extending this week’s advance to 1.4%. About the same number of stocks rose and fell in the benchmark index of 30 companies.
Shares on the measure trade at an average 14.7 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 14.7 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.
Genting Singapore Plc (GENS SP), operator of one of two casino resorts in the city-state, slid 1% to $2.04. Daiwa Securities Group Inc. lowered its share-price forecast to $2.78 from $2.93, while maintaining its “buy” rating.
