Singapore’s Straits Times Index gained 0.3% to 2,923.77 as of the 12:30 p.m. trading break. The measure was set for a 1.5% advance this week. Almost three stocks rose for every two shares that fell on the 30-member gauge.
Shares on the measure trade at 15.2 times estimated earnings, compared with about 17.5 times at the start of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shipping companies: The Baltic Dry Index, which measures the cost of shipping commodities, dropped 0.9% yesterday in London, taking losses in the past three days to 5%.
