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Equities

Malaysia shares rise, Singapore falls for third straight day

Simmering trade tension clouds outlook as Italy political jitters ebb

KUALA LUMPUR (Nikkei Markets) - Malaysia stocks rose Friday in mixed Asian markets as local investors continued to snap up stocks battered by foreign outflows over the past month. Singapore stocks ended lower for a third session in a row as worries over U.S.-led tariff war hurting global trade mount.

The FBM KLCI ended 0.9% higher at 1,756.38 led by a 5.5% gain in MISC. The Straits Times Index closed marginally lower at 3427.51, dragged by Hutchison Port Holdings Trust's 1.8% loss. The Malaysian ringgit and Singapore dollar held steady against the U.S. dollar

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