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Sensex, Nifty Seen Opening Flat Ahead Of RBI Decision
Indian shares are seen opening on a flat note Friday, tracking muted cues from global markets and ahead of the RBI's MPC rate decision due to be announced later in the day.
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Rally May Stall For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, gathering more than 5 points or 0.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau although it may run out of steam on Friday.
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Australian Market Modestly Higher
Extending the gains in the previous session, the Australian stock market is modestly higher on Friday, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 6,900 level, boosted by gains across most sectors, led by miners and financial stocks, partially offset by losses in energy stocks.
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Soft Start Predicted For Indonesia Stock Market
The Indonesia stock market has moved lower in three straight sessions, surrendering almost 85 points or 1.4 percent along the way. The Jakarta Composite Index now rests just beneath the 6,875-point plateau and it's tipped to open in the red again on Friday.
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Soft Start Seen For Hong Kong Stock Market
The Hong Kong stock market on Thursday snapped the two-day losing streak in which it had plummeted more than 610 points or 3.4 percent. The Hang Seng Index now sits just above the 17,200-point plateau although it may hand back those gains on Friday.
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Taiwan Bourse May Hand Back Thursday's Gains
The Taiwan stock market on Thursday ended the two-day slide in which it had dropped more than 275 points or 1.6 percent. The Taiwan Stock Exchange now sits just above the 16,450-point plateau although it may head south again on Friday.
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Little Movement Expected For Singapore Stock Market
The Singapore stock market on Thursday snapped the three-day losing streak in which it had stumbled more than 70 points or 2.6 percent. The Straits Times Index now sits just above the 3,155-point plateau although it may spin its wheels on Friday.
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more news
Japan Household Spending Slips 2.5% On Year In August
The average of household spending was down 2.5 percent on year in August, the Ministry of Internal Affairs and Communications said on Friday - coming in at 293,161 yen.
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TSX Ends Modestly Higher
The Canadian market ended higher on Thursday, led by gains in communications, utilities and materials sectors.
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Malaysia Shares May Remain Stuck In Neutral
The Malaysia stock market has moved lower in two straight sessions, slipping almost 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,415-point plateau and it may tick lower again on Friday.
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Mild Consolidation Likely For South Korea Shares
The South Korea stock market has tracked lower in back-to-back sessions, sinking more than 60 points or 2.5 percent along the way. The KOSPI now sits just above the 2,400-point plateau and it's likely to remain in neutral again on Friday.
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Japan Household Spending Data Due On Friday
Japan will on Friday release August figures for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is expected to rise 0.9 percent on month and sink 4.3 percent on year after falling 2.7 percent on month and 5.0 percent on year in July.
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Swiss Market Ends Modestly Higher After Lackluster Session
After swinging between gains and losses till noon, Swiss stocks gained in strength as the session progressed on Thursday and eventually ended modestly higher.
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