Australian Market End Higher Today

• The Australian markets closed higher today. The benchmark S&P/ASX 200 added 16.9 points, or 0.3 per cent, to 5352.8. The broader All Ordinaries gained 15.8 points, or 0.3 per cent, to 5346.1. 

• Mining stocks didn't perform well today. Here's how different sectors performed:

• Consumer discretionary: +0.4%
• Financials: +0.3%
• Industrials: +0.7%
• Materials: +0.3%
• Property trusts: +0.5%
• Gold miners: -3.2%

• However, the local currency (AUD) isn't doing well against its counterparts. The Australian dollar is on track to record its biggest monthly loss against the U.S. dollar since June.

• The local dollar is trading near three-month lows against the U.S. dollar and euro, and it’s the second-biggest loser against the two currencies this month. It has shed 2.79 per cent against the US dollar and 2.54 per cent against the euro in November.

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