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Singaporean Stocks: Aztech, Broadway Industrial, Stats Chippac

April 25 (Bloomberg) -- Singapore’s Straits Times Index fell 0.2 percent to 3,187.72 as at the close. Five stocks dropped for every four that gained in the benchmark index of 30 companies.

Shares on the measure trade at an average 14.6 times estimated earnings, compared with about 15.6 times at the end of 2010, 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.

Aztech Group Ltd. (AZ SP), an electronics manufacturer, slipped 4.3 percent to 15.5 Singapore cents. The company said it had a first-quarter net loss of S$21 million ($17 million), compared with a net income of S$1.6 million a year ago.

Broadway Industrial Group Ltd. (BWAY SP), a maker of components used in disk drives, slumped 3.6 percent to S$1.06. The company said first-quarter net income declined to S$9.1 million from S$11.9 million a year ago.

Olam International Ltd. (OLAM SP), a supplier of agricultural commodities, fell 1.4 percent to S$2.90. The company said it is offering to buy the rest of NZ Farming Systems Uruguay Ltd. for 70 New Zealand cents each. The company owns about 78 percent of the dairy producer.

Stats Chippac Ltd. (STAT SP), a chip-testing and packaging company partly owned by Temasek Holdings Pte, sank 3.3 percent to 73 Singapore cents. The company said first-quarter net income dropped to $6.3 million from $27.5 million a year earlier.

To contact the reporters on this story: Jonathan Burgos in Singapore at; Anna Kitanaka in Tokyo at

To contact the editor responsible for this story: Nick Gentle at

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