Improved appetite for risk suggests Singapore shares expected to end in positive region, says Dow Jones. STI +1.0% at 3180.80, just shade off year-to-date high of 3197, which likely to offer resistance. Market breadth remains at just over 2 gainers for every decliner. 

Participation, however, subdued as volume modest. “The gains are not accompanied by strong volume, suggesting there’s still a fair bit of money sitting on the sidelines. If the market can continue to head higher in the coming days and weeks, more people will eventually join in as they won’t want to miss the boat,” says dealer at foreign brokerage. 

 

Lower liners most active in market, including Berlian Laju Tanker (B66.SG), +11.1% at $0.05, GMG Global (5IM.SG), +10.2% at $0.325, Biosensors (B20.SG) +2.9% at $1.07, Genting Hong Kong (S21.SG), +2.3% at US$0.445.($0.581)