Investor apathy in Singapore stock market persists, keeping overall volume light, STI tad lower. Index off 0.2% at 3,152.20 at 2:46 p.m., still in tight morning range of 3,151-3,164.

Any further downside not likely to push STI below current November low of 3,118 set this week.

“We expect the local market to remain rangebound today in a sleepy session,” says CIMB.