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STI falls 0.7% to close at 2,692.55

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Singapore’s Straits Times Index fell 0.7% to 2,692.55 at the close. Eleven stocks dropped for each that rose on the 30-member gauge. The following shares were among the most active in the market.

Ezra Holdings (EZRA SP), a provider of offshore logistics services to the oil and gas industry, climbed 5% to $2.09, the highest closing level since July 23, 2008. The company said its unit EOC Ltd. won an initial US$527 million ($734 million) six-year contract from Premier Oil to operate a production, storage and offloading vessel at the Chim Sao oil project in Vietnam. Premier Oil has an option to extend the contract for another six years for an additional US$477 million.

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