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Revenue is expected to grow by 5.6%, the lowest in nine quarters under observation. Net profit may grow by 11% helped by select companies in the banking, finance, pharmaceuticals and telecom sectors.
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News and Media
Mid-cap and small-cap stocks also fell in such periods, tracking the benchmark indices. In the subsequent three months, the mid-cap index rose seven times and fell thrice, while the small-cap index gained six times and declined four times.
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Elsewhere in Asia, China advanced 4.6%, while Hong Kong, considered a proxy for China in the past week because of the holiday in mainland markets, plunged 9.4%, the biggest single-day fall since 2008. South Korea declined 0.6% and Taiwan dropped 0.4%.
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News and Media
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