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China bounce, short-covering lift STI

Index recovers almost all the 41 points surrendered on Monday despite the prospect of "Grexit"

Published Tue, Jun 30, 2015 · 09:50 PM

EITHER China's reversal played a big part in triggering Tuesday's rebound or investors were betting that Greece exiting the eurozone will be no big deal. Or equally likely was that trading programs were indulging in large doses of short-covering in anticipation of the same on Wall Street on Tuesday.

Whate…

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