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Singapore Stocks: Noble Group, Sembcorp Marine, Tiger Airways

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July 15 (Bloomberg) -- Singapore’s Straits Times Index lost 0.1 percent to 3,084.24 as of the 5:10 p.m. trading break. Fourteen stocks fell while 12 rose on the gauge of 30 companies.

Shares on the measure trade at an average 14.2 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.

Noble Group Ltd. (NOBL SP) sank 4.8 percent to S$1.785. Gloucester Coal Ltd. has negotiated a new A$400 million ($426 million) debt facility with Noble Group. The unsecured facility has a four-year term expiring June 30, 2015.

Sembcorp Marine Ltd. (SMM SP), a shipping company, increased 1.5 percent to S$5.28. The company said that SMOE, a wholly-owned unit, secured a contract worth about S$600 million ($492 million) from PTTEP International Ltd. to build and setup an offshore processing and accommodation platform off Myanmar. sp

Tiger Airways Holdings Ltd. (TGR SP), an airline, fell 0.5 percent to S$1.005. The company, whose Australian operations were suspended amid safety concerns, said yesterday prospective partner Thai Airways International Plc has told it state approvals for a low-cost alliance remain pending.

To contact the reporter on this story: Anna Kitanaka in Tokyo at akitanaka@bloomberg.net.

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net.

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