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Coronavirus
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824hr
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0.98% positivity
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107,848
KPK
180,254

Australian shares were largely unchanged on Thursday, as gains in local miners on rising iron ore prices were offset by losses in financial stocks.

The S&P/ASX 200 index slipped 0.09% to 7,392.6 by 0002 GMT.

Mining stocks rose about 1% and were the biggest boost to the main index, after the benchmark iron ore futures jumped 5.8% extending on a 10% jump from the previous session.

Sector heavyweights BHP, Rio Tinto and Fortescue gained between 1% and 2.8%, with Foretscue touching its highest level since Sept. 14.

Australia tech stocks rose 1.5% despite a mixed Wall Street session overnight, with EML Payments rising over 16% to track its best day since February, after Ireland's central bank allowed its unit to sign new customers and launch new programs.

Afterpay was also among top gainers on the sub-index, rising 3.2% - tracking a 2.4% jump in Square on Wednesday.

Bucking the trend, financials fell for a second consecutive session and were down by 0.6%, with all of the "Big Four" banks in the red.

Shares of National Australia Bank was down about 1%, even after the country's competition watchdog approved its acquisition of Citi's local consumer business.

New Zealand's benchmark S&P/NZX 50 index rose 0.8% to 12,868.4, with the country's biggest company by market value, Fisher & Paykel, hitting a two-month high on upbeat results.

New Zealand also posted a monthly trade deficit for the month of October, a day after the country's central bank lifted interest rates for the second time in as many months amid rising inflationary pressures and easing coronavirus curbs.

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