Reuters: Hot Stocks: Australia shares slip in subdued trade, investors await RBA

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Australia shares slip in subdued trade, investors await RBA Aug 5th 2013, 06:12 Mon Aug 5, 2013 2:12am EDT SYDNEY Aug 5 (Reuters) - Australian shares slipped 0.1 percent in subdued trade on Monday, ending 10 consecutive sessions of gains, as investors maintained their positions ahead of the Reserve Bank of Australia's monetary policy meeting on Tuesday. The S&P/ASX 200 index fell 5.5 points to 5,111.3. The benchmark climbed 1.1 percent to close at a 2-1/2 month high on Friday. New Zealand's benchmark NZX 50 index fell 0.1 percent or 6.6 points to finish the session at 4,589.5. (Reporting by Thuy Ong; Editing by Jeremy Laurence)

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