(RTTNews) - The New Zealand stock market pared gains after opening higher on Monday. At 7.45 P.M. ET, the benchmark NZX 50 Index was losing 13.59 points, or 0.50%, to 2,697.36 and the broader NZX All Capital Index was declining 13.48 points, or 0.49%, to 2,742.46.

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Domestic fund managers see the share market volatile during the next week even as debt remains comfortable. “The terrorist attack will keep the market volatile next week,” said R K Gupta, managing director, Taurus Mutual Fund.

RIYADH, Saudi Arabia - The Saudi stock market has soared 9.51 percent after the king described the economy as stable in the face of the global market meltdown.

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