SGX Singapore Closing Market Update : Epic Research Singapore

ACTIVITY in local stocks ground to a virtual halt on Tuesday, with the Straits Times Index hardly budging throughout the session before ending a net 5.41 points higher at 2,814.65 on volume of 978.7 million units worth S$664 million, the lowest single-day total this year.

Overseas markets did not provide much direction - the Dow futures slipped marginally in the red throughout the day and at 5pm stood 15 points higher.

Under such trying conditions it was not surprising that brokers struggled to stay awake - those that did had to be content with punting small caps and second-liners.

As a result, all the top 20 actives were priced below S$1 and 16 below S$0.20. The average value per unit traded was S$0.67.

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