August 5, 2013 / 3:07 AM / 4 years ago

MARKET EYE-SGX Nifty signals gains after eight sessions of falls

* Nifty futures on the Singapore Exchange up 0.87
percent, while the MSCI-Asia Pacific index 
excluding Japan is down 0.12 percent.  
* Asian shares were soft in early trade as the U.S. dollar was
on the defensive after data showed U.S. employers slowed their
pace of hiring in July, while the NZ dollar dropped after a
food-safety scare affected exports of the country's largest
company. 
* Foreign institutional investors bought 2.8 billion rupees of
cash shares on Friday, exchange data showed, while domestic
institutions were net sellers of 3.40 billion rupees of shares.
* Earnings on Monday: SpiceJet Ltd, Radico Khaitan Ltd
, Reliance Broadcast Network, Tata Chemicals
Ltd. 
* Also on the watch: Monsoon session of Indian parliament and 
services PMI for July.
* Bond yields and rupee movements will be closely watched as
investors wait for a signal from the central bank on how long it
expects to stick with its liquidity tightening measures.

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)

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