Singapore’s Straits Times Index was little changed at 2,995.03 of 9:23 a.m. The gauge is heading for a 0.7% advance this week and a 5.6% gain for the month. Six stocks rose for every five that fell on the 30-member gauge.

Shares on the measure trade at 14.6 times estimated earnings, compared with about 17.5 times at the beginning of the year, according to Bloomberg data.

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

Dairy Farm International Holdings (DFI SP), Hong Kong’s second-biggest retailer, gained 1.3% to US$7.62 ($10.4). The company said first-half profit rose 17% to US$182 million from a year earlier.

Hongkong Land Holdings (HKL SP), one of the biggest business-district landlords in the Chinese city, rose 0.2% to US$5.37 ($7.32). The company said underlying profit rose 70% in the first half as two residential projects in Singapore were completed. Profit excluding revaluation losses or gains climbed to US$477 million in the six months to June 30 from US$281 million, it said.

Mandarin Oriental International (MAND SP), the operator of luxury hotels from Tokyo to San Francisco, slipped 1.4% to US$1.42 ($1.94). The company said first-half profit fell to US$13.5 million from Us$74.2 million a year earlier. Exceptional gains boosted earnings the previous year, it said.

Olam International (OLAM SP), the supplier of agricultural commodities, rose 0.7% to $2.79. The Reuters/Jefferies CRN Index, which tracks the prices of 19 commodities from copper to corn, gained 1.5% in New York yesterday to its highest level since May 4.

MCL Land (MCL SP), the Singapore homebuilder partly owned by Hongkong Land, climbed 1.61% to $1.89. The company said second-quarter profit increased to US$114.2 million ($155.6 million) from US$36.7 million a year earlier.

OKP Holdings (OKP SP), the Singapore-based roadbuilder, increased 2.1% to 49 cents. The company said second-quarter profit climbed 18% to $4.3 million.