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Australia: Shares flat; energy drags


[SYDNEY] Australian shares faded in afternoon trade on Monday as weakness in oil prices weighed on the energy sector.

The S&P/ASX 200 index edged up 0.08 per cent or 4.1 points at the close of trade. The benchmark fell 1.5 per cent on Friday.

New Zealand's benchmark NZX 50 index slipped 0.5 per cent or 30.4 points to finish the session at 6,064.4.