Absence of leads from Wall Street evident in Singapore stock market as shares sluggish in early trade; STI off 0.2% at 3153.95. “The STI is currently digesting the previous two weeks’ worth of declines after testing a major swing low at 3120 (set this week),” says Phillip Securities analyst Phua Ming-Weii; expects more selling pressure if index fails to hold above 3120, with any near-term gains likely to meet resistance in 3180-3200 region.