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Market holds on to early leads

THE local market managed to hold on to early gains to close in the black as punters continued to wait for news of a solution to the European debt crisis.

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The S&P/ASX 200 index finished the day up 34.9 points, or 0.87%, at 4039.5, while the All Ordinaries followed suit, gaining 34.2 points to close on 4097.7. Wall Street closed on higher ground with...

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