Singapore stocks paring losses as players nibbling on dips. Market breadth flat vs slightly negative at end of morning session, according to Dow Jones.

STI off 0.3% at 3,058.13, expected to hold above 3,043 August high. “Trades are likely to stay in the red for the rest of the afternoon on the back of negative Dow futures. However, excessive downside is likely to be capped by bargain-hunting activities,” says CIMB.

Among blue chips, SGX (S68.SG) best performer, +3.7% at $8.22, on prospect of increased trading activity as bourse operator enables ADRs of 19 major Asian companies to be quoted in Singapore from Oct 22. Most active stocks in market still Genting group, small caps, including Kreuz Holdings (5RK.SG), +8.6% at $0.44, Vallianz (545.SG), +9.1% at $0.18, Spice i2i (M09.SG), +4.0% at $0.13.