Action in Singapore stock market notably subdued as investors generally staying on sidelines after digesting solid gains from past weeks, says Dow Jones.

STI +0.3% at 3,095.66 midday, but +5.3% since start of September, with support at last week's 3,069 low.

"The index won't come off too much because everyone knows this year is a good year for the Singapore economy," says a dealer at foreign brokerage; "we have had a good month in September. It's time to take a break, have a Kit Kat, as it's the end of the month."

Overall market volume light at 894.4 million shares worth $1.24 billion, with good mix of large, small, mid caps among most active, including Genting Singapore (G13.SG), off 1.1% at $1.88, Innovalues (591.SG), flat at $0.17, Genting Hong Kong (S21.SG), off 2.3% at US$0.43, Transcu Group (E15.SG), flat at $0.125, SingTel (Z74.SG), off 1.0% at $3.14.