| 31. | Wheat futures climbed on the Chicago Board of Trade on short covering by speculative funds.
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| 32. | Short covering means buying securities borrowed and sold in anticipation of a drop in price.
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| 33. | And, short covering was also a factor, analysts said.
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| 34. | Soybean futures finished slightly higher on late short covering.
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| 35. | One day of short covering in June is not the silver bullet for the market.
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| 36. | Some weak construction companies gained on short covering.
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| 37. | Leonard Kaplan of Prospector Asset Management cited good industrial buying, plus short covering out of Asia.
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| 38. | There was no news behind the advance in prices, with analysts attributing it to short covering.
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| 39. | Tightened regulations on short selling introduced this week intensified short covering Wednesday afternoon and Thursday morning.
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| 40. | There is also a lot of buying on market orders and short covering at the opening.
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