MT Newswires -ShutterstockSingapore shares closed higher on Thursday, despite mixed regional results, as the city-state's Central Bank decided to maintain the current rate of appreciation of the S$NEER, while the US Federal Reserve also chose to keep interest rates unchanged at their initial policy gathering this year. The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,902.78 and 4,931.10 throughout the day. Furthermore, Singapore's Manufactured Products Price Index fell 2.2% year over year in December 2025, reversing the 5.4% increase in the preceding month. Meanwhile, Singapore's Domestic Supply Price Index fell 3.3% in December 2025, following a 2.8% increase in November. In corporate news, shares of Rex International (SGX:5WH) closed nearly 3% higher as it completed the reverse takeover process intended for Xer Sweden's listing in Stockholm.