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STOCKS

Gain by Dow futures brings market relief

STI inches up after staying in the red for most of the day; also helping is Europe's higher opening
Thursday, March 17, 2016 - 05:50

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Activity in the local stock market, which had shown signs of slowing over the past week, ground to a virtual standstill on Wednesday ahead of the US Federal Reserve's Open Market Committee meeting.

Activity in the local stock market, which had shown signs of slowing over the past week, ground to a virtual standstill on Wednesday ahead of the US Federal Reserve's Open Market Committee meeting.

However, with the Dow futures rising about 20 points in the late afternoon and with Europe

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