Singapore shares still mostly lower, with pullback in most Asian markets and negative US stock futures holding buyers back, says Dow Jones.
STI off 0.3% at 3,004.72 after briefly slipping below 3,000 in post-lunch trade to low of 2,997.23; support at 2,979 (July 30 low).
“On a fundamental view, we believe that Singapore’s prospects are better than most regional economies’. Look for such technical pullbacks for re-entry opportunities,” says Kim Eng Securities.
Overall participation remains low, with volume less than half of yesterday’s 2.25 billion shares, with small caps most active.
Key decliners among blue chips include Jardine group of stocks, CapitaMalls Asia (JS8.SG), off 2.3% at $2.11, Keppel Corp. (BN4.SG), off 2.4% at $9.11.

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