STI among gainers in mixed Asian trade

SINGAPORE equities outperformed most other regional markets, some of which are showing signs of fatigue after a strong run that began in the lead-up to last Friday's confirmation of a US-China "Phase One" trade deal.

"Equity markets are enjoying a massive finish to the year, but at some point, investors will need to kick back into Christmas mode and put some money in the bank defending profits," AxiTrader chief Asia market strategist Stephen Innes said.

With the exception of an early session dip, Singapore's Straits Times Index (STI) stayed in positive territory, closing Wednesday trading at 3,209.54, adding 8.74 points or 0.3 per cent.