Singapore shares extended gains on Wednesday, with regional markets ending mixed, as political upheaval in Venezuela dominates investor sentiment.

The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,730.50 and 4,765.29 throughout the day. It ended the session at 4,747.62, up 7.65 points or 0.2% compared to Tuesday's close.

In economic news, Singapore's foreign exchange reserves rose to SG$526.3 billion in December 2025 from SG$518.1 billion in the preceding month, according to data from the Monetary Authority of Singapore.

In corporate news, shares of The Trendlines (SGX:42T) surged over 8% at the close as the company looked to raise around SG$5.6 million through the placement of up to 83.7 million shares at SG$0.067 per share.

Keppel Pacific OAK US REIT (SGX:CMOU) was down over 2% as it secured a term loan facility worth $37.5 million.

Meanwhile, Nanofilm Technologies International (SGX:MZH) unit, Nanofilm Vacuum Coating (Shanghai), secured a two-year term loan of 50 million yuan from China Construction Bank, Shanghai Yangtze River Delta Integration Demonstration Zone Branch.