May 3 (Bloomberg) -- Singapore’s Straits Times Index slipped 0.2 percent to 3,000.94 at the close. About three shares fell for every two that rose on the 30-member gauge.
The following were among the most active shares in the market. Stock symbols are in parentheses after company names.
Cosco Corp. Singapore Ltd. (COS SP), a shipbuilding unit of China’s biggest shipping company, rose 1.4 percent to S$1.065. The company said it won a $200 million order from Mexico’s Cotemar SA for the construction of a semi-submersible accommodation vessel.
Hi-P International Ltd. (HIP SP) dropped 5 percent to 86.5 Singapore cents after the assembler of BlackBerry smartphones reported first-quarter net income tumbled 91 percent from a year earlier to S$1.5 million ($1.2 million)
Osim International Ltd. (OSIM SP), the biggest maker of massage chairs in Asia outside of Japan, advanced 5.7 percent to S$1.29. Credit Suisse Group AG rated the stock a new outperform, the equivalent of buy, citing the company’s earnings growth.
Wee Hur Holdings Ltd. (WHUR SP) added 1.8 percent to 29 Singapore cents after the construction company said first-quarter net income tripled to S$4.6 million from S$1.5 million.
To contact the reporter on this story: Jonathan Burgos in Singapore at firstname.lastname@example.org
To contact the editor responsible for this story: John McCluskey at email@example.com