Singapore stock market much quieter vs yesterday with players having few leads to follow as key Asian bourses closed, corporate newsflow thin, says Dow Jones.

Overall volume 1.11 billion shares worth $731.6 million vs Wednesday’s full day 3.47 billion shares worth $2.39 billion.

STI off 0.1% at 3,093.26 midday after drifting in tight 3,091-3,102 band in morning. Support at August 3,043 high, resistance at year-to-date 3116 peak. Market breadth flat vs positive in early trade.

Momentum even in lower liners has eased, “as small caps participation starts to draw more traders, bouts of profit taking or shake-outs also become more common but this is healthy as it checks euphoria,” says DBS Vickers.

Most active stocks in market include GMG Global (5IM.SG), +5.6% at $0.285, UMS Holdings (558.SG), +5.4% at $0.49, Parkway Life (C2PU.SG), off 5.4% at $1.58, Genting Singapore (G13.SG), off 1.0% at $2.08.