STI closes 0.3% up, bucking Asian trend

BUCKING the falling trend across key Asian markets, the Straits Times Index (STI) rose 0.28 per cent to close at 3,244.89 on Wednesday, the first time the index has risen since the first trading day of July.

Turnover here was 1.98 billion units worth S$1.01 billion, with losers just edging out gainers 188 to 177.

Icy trade relations between the US and China kept Asian markets depressed across the region with the looming July 6 tariffs casting a pall over equity markets.