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Wall Street's recovery lifts local market

ST Index's rebound increases to 105 points in two days as blue chips continue to provide most of the dollar volume


WALL Street continued its recovery on Monday and this helped the Straits Times Index (STI) jump 46.16 points or 1.6 per cent to 2,897.41 on Tuesday, bringing its two-day rebound to 105 points or 3.8 per cent.

Once again it was blue chips which provided most of the dollar volume - of the