Singapore’s Straits Times Index was little changed at 3,171.29 as of 9:10 a.m. local time, its highest level since Feb. 8. About as many stocks rose as declined in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.4 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. 

Eratat Lifestyle (ERAT SP), the China-based maker of athletic shoes and apparel, jumped 2.3% to 22.5 cents after resuming trading today. The company said it will sell 45 million new shares at 20.2 cents each, raising net proceeds of $8.8 million.

 

SIA Engineering Co. (SIE SP), the aircraft maintenance arm of Singapore Airlines (SIA SP), gained 0.3% to $4.09. SIA said it and a unit of Safran SA (SAF FP) opened an avionics maintenance facility, which could handle new aircraft models such Boeing B787 Dreamliner and the Airbus A350, in Singapore.