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Singapore Stocks: Golden Agri, LottVision, Singapore Airlines

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March 9 (Bloomberg) -- Singapore’s Straits Times Index lost 0.2 percent to 2,963.15 at the close. Three shares fell for every two that rose in the 30-member gauge, which declined 1 percent this week.

The following were among the most active shares in the market. Stock symbols are in parentheses after company names.

Palm-oil producers: Crude palm-oil futures for May delivery rose as much as 2 percent in Kuala Lumpur today, heading for its third day of advance.

Golden Agri-Resources Ltd. (GGR SP), the largest grower of oil palms in Indonesia, increased 2.8 percent to 73.5 Singapore cents. Wilmar International Ltd. (WIL SP), the world’s biggest palm oil trader, gained 1 percent to S$4.95.

LottVision Ltd. (LVIS SP) jumped 15 percent to 1.5 Singapore cents after the distributor of video-surveillance products said it will raise net proceeds of S$10.45 million ($8.3 million), selling 846 million new shares at 1.3 Singapore cents through a placement.

Singapore Airlines Ltd. (SIA SP), the world’s second-biggest carrier by market value, slipped 0.8 percent to S$10.80. The company offered pilots the option of taking voluntary no-pay leave of up to two years as it currently has a surplus of first officers.

To contact the reporter on this story: Jonathan Burgos in Singapore at jburgos4@bloomberg.net

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

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