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STI climbs 1.2% to 2,660.06 at the break

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Singapore’s Straits Times Index climbed 1.2% to 2,660.06 at the 12:30 p.m. trading break, headed for a 0.3% advance this week. Almost four stocks gained for each that fell on the 30-member gauge. The following shares were among the most active in the market. 
 
City Developments (CIT SP), Singapore’s second-biggest developer, added 1.5% to $10. Millennium & Copthorne Hotels Plc (MLC LN), the operator of more than 120 properties worldwide, has received “unsolicited” offers for a number of its hotels and may sell some of them when prices improve, Chief Executive Officer Richard Hartman said yesterday. City Developments owns 52% of the hotel operator.
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