MOST stock markets in the region traded flat or lower on Wednesday as investors waited for more developments on US-China trade, but Singapore bucked the trend, boosted by 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. Meanwhile, advancers edged out decliners 209 to 177, led by financials and industrial companies. Real estate firm Hongkong Land Holdings and industrial conglomerate Jardine Matheson Holdings were among the top gainers, rising as much as 3.5 per cent and 2.9 per cent each.On Wednesday, Hongkong Land closed at US$5.54, up 1.84 per cent or US$0.10, while Jardine Matheson gained 2.34 per cent or US$1.32 to US$57.65.
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