Singapore market bucks regional trend to rise

MOST stock markets in the region traded flat or lower on Wednesday as investors waited for more developments on US-China trade talks, but Singapore bucked the trend, boosted by some bright spots in corporate earnings.

Local shares rose for a third straight session, with the Straits Times Index closing at 3,262.69, higher by 0.43 per cent or 14.06 points.

About 1.71 billion securities worth S$1.4 billion changed hands. Advancers edged out decliners 209 to 177, led by financials and industrial companies.