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STI up 16pts on likely Wall Street bounce

HK Land makes biggest contribution to rebound, after the index's 89-point loss in previous two sessions


AFTER having lost almost 89 points on Monday and Tuesday, the Straits Times Index on Wednesday rebounded 16.41 points to 3,298.36 most probably thanks to short-covering prompted by expectations that Western markets, particularly Wall Street, would also rise on Wednesday.

Turnover amounted...

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