Singapore’s Straits Times Index increased 1.3% to 2,825.62 as of the 12:30 p.m. trading break, set for its highest close since Jan. 21. Almost five stocks gained for each that fell on the 30-member gauge.
Shares on the measure trade at 14.9 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, rose 3.9% in London on March 5, taking a seven-day climb to 20%.
