You are here

STOCKS

STI back in positive territory for the year

Index up 27.7 points at 2,885.71, backed by 5% jump in oil price and a modest rise in Dow futures
Friday, September 30, 2016 - 05:50
39127450 - 19_07_2016 - pixsgx.jpg

A 5 PER cent jump in oil to around US$47 per barrel and a rise - albeit modest - in the Dow futures on Thursday propelled the Straits Times Index (STI) to a 27.7-point or 0.97 per cent gain at 2,885.71, about three points into the black for 2016.

Turnover, however, remained weak at 1.52