By REUTERS
The Singapore index ended almost flat on Wednesday, taking its gains for 2014 to 6.2%, while Malaysian shares were trading slightly higher but heading for losses on the year to become Southeast Asia’s worst performer.
Singapore’s key Straits Times Index ended down 0.03% at 3,365.15 on the final trading day of the year. It was the region’s second worst performer in 2014.
Global Logistic Properties Ltd and CapitaLand Ltd were the top performers of the day, with both rising 1.2%. Commodities firm Olam International fell nearly 3%.
Malaysia’s main stock index was up 0.10%, but was on track for a fall of more than 5% on the year,
compared with a gain of 10.5% in 2013 when it outperformed most markets in the region.
— By Aradhana Aravindan
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