The following shares were among the most active in the market. Stock symbols are in parentheses after the company names.
Developers: Shares of homebuilders advanced after a report showed the NUS Singapore Residential Property Index rose 0.9 percent in October from the previous month. City Developments Ltd. (CIT) , Singapore’s second-biggest real estate company, climbed 5.8 percent to S$9.65. Keppel Land Ltd. (KPLD) gained 2.9 percent to S$2.48.
CapitaLand Ltd. (CAPL) , Southeast Asia’s biggest developer, rose 4.1 percent to S$2.53. The company is considering placing its seven Raffles City shopping mall projects in China into a real-estate investment trust, the Straits Times reported, citing Chief Operating Officer Lim Ming Yan.
Export-related stocks: Shares of exporters, shipping companies and port operators advanced after a report showed U.S. retail sales during Thanksgiving weekend climbed 16 percent to a record as shoppers flocked to stores earlier and spent more.
Amtek Engineering Ltd. (AMTK) , a supplier of precision components to companies including Sony Corp., gained 1 percent to 49 Singapore cents. Neptune Orient Lines Ltd. (NOL SP), Southeast Asia’s biggest container line rose, climbed 4 percent to S$1.045. Hutchison Port Holdings Trust (HPHT SP), the owner of port assets in Hong Kong and China, added 1.7 percent to 59 U.S. cents.
HG Metal Manufacturing Ltd. (HGM) , a steelmaker, jumped 9 percent to 8.5 Singapore cents. The company said it had fourth-quarter net income of S$1.5 million, compared with a loss of S$10.4 million a year earlier.
Sembcorp Industries Ltd. (SCI) , the industrial conglomerate that gets about 46 percent of revenue from utilities, increased 3 percent to S$4.13. The company is proposing to build a 1,200-megawatt coal-fired power plant in Vietnam, the Dau Tu newspaper reported, without saying where it got the information.
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