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GM back with bang

GENERAL Motors recorded a 3.6pc rise in shares as it returned to the stock market.

The USA's biggest car manufacturer had been expected to make a large bounce on the first day of trading for the company.

Last year, the group was rescued by a €50bn bailout.

Shares closed at $34.19, a 3.6pc increase over the $33-a-share price of its offering.


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