Singapore stocks finished higher on Wednesday, with the benchmark Straits Times Index (STI) up 24.88 points, or 0.86 percent, to close at 2,904.02.

A total of 2.89 billion shares changed hands with turnover of 2.58 billion Singapore dollars (1.81 billion U.S. dollars).

Gainers outnumbered decliners 227 to 222, while 660 others finished unchanged.

The STI index gained 4.49 points, or 0.16 percent, to close at 2,879.14 on Tuesday.