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Asian Market Update

Tuesday, 3 March 2015


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Asian equities stuttered in early trade on Tuesday after healthy gains in the previous session attracted profit-takers, offsetting a strong lead from Wall Street.

Shanghai lost 1.03 per cent after rallying Monday in response to the Chinese central bank's weekend interest rate cut, while Hong Kong pared an initial advance to sit marginally lower.

Tokyo eased 0.21 per cent and Seoul was flat, while Sydney edged up 0.12 per cent ahead of a closely watched interest rate decision by Australia's central bank later in the day.


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