CAPITAL MARKETS

Market slips after Greek vote

THE Australian stock market took a substantial hit today, rebounding slightly in the afternoon following the surprise resignation of Greek Finance Minister Yanis Varoufakis but still closing well in the red.

Jack McGinn

The S&P/ASX 200 fell as low as 5436.4 points early following Greece’s rejection of a Eurozone bailout in a referendum overnight, but improved slightly after Varoufakis’ resignation to close 1.1% or 63.3...

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