Singapore’s Straits Times Index gained 0.1% to 3,147.24 as of 9:25 a.m. Five stocks advanced for each that fell in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.4 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.
The following shares were among the most active in the market. Stock symbols are in parentheses after the company name.
Commodity suppliers: The Thomson Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, gained 0.4% in New York on Dec. 23.
Noble Group (NOBL SP), a Hong Kong-based commodities supplier, rose 0.5% to $2.08. Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, was little changed at $3.07.
Mapletree Logistics Trust Management (MLT SP), a Singapore real estate trust, fell 1.1% to 94 cents. The company said it bought an eastern Singapore warehouse for $13.8 million.
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