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Australia shares ease on disappointing China PMIs, Woolworths slides

2014-11-03 07:50:47| Grocery - Topix.net

Sydney stocks fell slightly on Monday as Chinese manufacturing activity reinforced concerns of cooling growth in Australia's key export market, while a surprise slump in domestic building approvals also hurt sentiment. " released some data on Saturday, the official figures, which disappointed," said Tristan K'Nell, head of trading at Quay Equities, referring to China's Purchasing Managers Index which grew more slowly in October than the previous month.

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