Singapore stocks fell on Thursday as investors paused after the index jumped to more than a two-year high in the previous session.
Asian shares held near decade peaks following another record breaking day on Wall Street.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent and in close reach of a 10-year high set the previous day.
Wall Street rose overnight thanks to a rally by videogame makers, with all three major indexes closing at record highs.
At 0600 GMT, the Straits Times Index edged down 0.09 percent or 3 points to 3,418. It ended 0.24 percent higher on Wednesday, taking the year-to-date performance to about 19 percent.
DBS Group Holdings rose 1.3 percent, United Overseas Bank gained 0.4 percent while Oversea-Chinese Bank added 0.3 percent.
Singapore Airlines extended gains and was up 1 percent after its second-quarter net profit jumped about 193 percent, helped by strong performance of Parent Airline and SIA Cargo.
Singapore Telecommunications reported a 197 percent surge in second-quarter profit, boosted by gains from the divestment of 75.2 percent of its stake in NetLink Trust in July this year. But its shares lost 1 percent.
Engineering services provider Boustead Projects posted a 31 percent rise in second-quarter profit, helped by improved gross margin and cost savings. Its shares were down 0.6 percent.
About 1.6 billion shares worth S$860 million changed hands, with losers outnumbering gainers 234 to 139.