Activity in Singapore stock market robust as players dabble in small caps, lower liners, says Dow Jones.

Volume above-average at 1.66 billion shares worth $1.0 billion vs whole of yesterday’s 2.19 billion worth S$1.82 billion. FTSE ST Small Cap Index +1.1%, FTSE ST Catalist Index +1.6%.

Blue chips also higher but gains smaller, with STI +0.5% at 3,063.05. If year-to-date high of 3,068 gives way, next resistance for STI expected at lower end of 3,085-3,146 breakdown gap formed in June 2008.

“The Singapore market should continue its ‘band trading’ as investors’ sentiment fluctuate between fear of a double dip and relief of a ‘soft landing’ scenario,” says DBS Vickers.

Most active stocks in market include China Hongxing Sports (BR9.SG), +7.5% at $0.215, Informatics (I03.SG), +9.1% at $0.18, Yangzijiang (BS6.SG), +4.2% at $1.74, Genting Singapore (G13.SG), +2.1% at $1.95, China Sports (FQ8.SG), +4.0% at $0.13.