STI ends 2019 little moved

IN LINE with usual end-of-year behaviour, traders that were active turned to closing their positions, resulting in most of Asia's equity markets closing the decade with a loss-making session.

That said, Singapore's Straits Times Index (STI) closed little moved at the end of Tuesday's half session. It closed at 3,222.83, up just 0.39 point.

But that doesn't tell the full story of market activity in the city-state on New Year's eve. The STI whipsawed, trading as much as 0.4 per cent higher shortly after the session commenced on trade optimism, before retracing those gains.