Singapore’s STI is flat at 3219.44, amid weak regional markets, and as the local benchmark remains stalled after Wednesday’s strong gain. Volume amounts to 227 million shares traded worth $160 million, with gainers and decliners on the broad market evenly matched. 

“STI price action isn’t particularly positive although the close was flat (yesterday). Price action on the daily closed as a shooting star with a high of 3235, indicating a decent amount of selling near day highs,” says Phillip Securities. 

The house says yesterday’s lows at 3208 should be watched, as a push below there could trigger more selling. It tips support at 3200/3197 before 3180, resistance at 3236 (yesterday’s high) before 3250.

China Fishery (B0Z.SG) rises 2.3% to $2.27 after announcing it gets approval from SGX for the listing of shares relating to its planned HK dual listing. CapitaLand (C31.SG) is up 0.3% at $3.66 after it signs an agreement to buy the Marine Point residential development for $100.68 million.