Singapore shares trade sideways as markets await Fed meeting

THE Straits Times Index (STI) ended Wednesday at 2,800.57 points, registering a small gain of 0.23 per cent.

Its performance was in line with its regional peers' range-bound trading ahead of the Federal Reserve meeting on Wednesday evening.

Market analyst at FXTM Han Tan said investors will be wondering if the Fed will give stocks fresh reasons to continue the seemingly relentless climb, despite the Federal Open Market Committee (FOMC) not expected to alter any of its policy settings.