Hopes up that selling has eased - for now
Despite Dow plunging more than 200 points overnight, STI ends higher after hovering within tight band
THERE are hopes that Thursday's session marked the end of the selling for the time being. Alternatively, there are hopes that short-sellers, having already bet correctly over the past fortnight, have now great incentive to cover their positions rather than hold on for more gains.
Either way, these hopes have arisen because of the relatively sedate response here to Wednesday's Wall Street blowout that saw the …
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