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STOCKS

STI gets 1.4% boost from oil, Wall Street

Index gains 46.7pts,; major Asian markets up with Nikkei, Hang Seng, Kospi advancing but Shanghai drops 2.4%
Friday, January 9, 2015 - 05:50

STEADIER oil prices and an uplifting overnight cue from Wall Street led to the back-to-back rise in the local bourse's key index on Thursday, this time with an impressive 1.42 per cent gain.

The zeal in the gains in US stocks proved too compelling to be hammered down by concerns over the