Friday, 12 May 2017

Asian shares edge up, on track for winning week

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Asian shares inched up Friday, hobbled by a downbeat day on Wall Street but still on track for weekly rises, while oil prices extended gains on hopes for output cuts.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent, shy of nearly two-year highs probed in the previous session but still up 1.8 percent for the week.

Japan's Nikkei stock index slipped 0.4 percent in early trading.

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