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MSCI rebalancing threatens to turn 'messy' in India's new closing auction

India's new closing auction system will face its biggest test on Monday as MSCI rebalancing sends about $5 billion in passive-fund trades through markets, raising liquidity concerns

MSCI rebalancing threatens to turn 'messy' in India's new closing auction

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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IKEA proves winner for Sylvia Park owner Kiwi Property

Sales are also up at the mall's other furniture stores.

  • IKEA boosted Sylvia Park's foot traffic by 25% in eight months
  • Pedestrian walkway connecting mall and IKEA opened in December
  • Furniture sales at Sylvia Park Lifestyle increased over 30% in June

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