LAST week, the market was mainly lacklustre and traded in sideways consolidation. The US jobless claims dropped to 305,000 for the week ended Sept 21 while pending home sales declined by 1.6% on monthly basis.
Meanwhile, crude prices have fallen as war tension eases in Syria. The US Congress is beginning a new debate on raising federal debt limit as US government has dried up its federal budget and may shut down partial operations from Oct 1.
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