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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

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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...

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