Initial inertia in Singapore bourse eases as players nibble on stocks while keeping stop-loss orders tight, according to Dow Jones.

STI +0.6% at 2,943.67 midday vs off 0.2% at 2,919.62 earlier, with immediate resistance at last week’s 2,952 high. Market breadth at 1.5 gainers for every decliner vs slight negative in early trade, although volume remains light at 712.5 million shares worth $663 million.

“The uncertainty that lies ahead can lead to volatility but this also brings about opportunity,” says DBS Vickers; “one of the ways to beat the anticipated 2H (economic) growth moderation and the earnings cut (in Singapore) is to zoom in on companies that actually enjoyed earnings upgrades during the recent reporting season.”

Flags Genting Singapore (G13.SG), Singapore Airlines (C6L.SG), Hi-P (H17.SG) as favourites. Genting +0.6% at $1.60, SIA +0.9% at $15.64, Hi-P off 0.6% at $0.85.