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Asian markets close the week mixed; STI up 0.15 %

Published Fri, Dec 20, 2019 · 09:50 PM

WITH the dust settling on the confirmation that a US-China "phase one" trade deal is a go, Asian equities put in a mixed session to close the week out, despite Wall Street extending record highs on Thursday.

In Singapore, the Straits Times Index (STI) spent the session floating around before a late bump to finish the week at 3,212.39, up 4.97 points or 0.15 per cent. On the week, the blue-chip index gained 17.68 points or 0.6 per cent from last Friday's close of 3,194.71.

Elsewhere in the Asia-Pacific, Australia, China, Japan, South Korea and Taiwan all had losses to close the trading week out. On the other hand, Hong Kong and Malaysia managed to post gains.

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