Australian Market Closed with Small Gains After a Positive Opening
- Australian Market closed with small gains but well off its early highs as investors remain cautious ahead of US Fed's meeting starting overnight. The benchmark S&P/ASX 200 index rose 13.6 points, or 0.3 per cent, to 5103.2, while the broader All Ordinaries added 13.0 points, or 0.3 per cent, to 5106.1. Financials sector edged up 0.1 per cent, materials sector ended flat, while industrials sector gained 0.7 per cent.
- Australian dollar got a bit of nudge after US Fed meeting minutes and rose about one-tenth of a cent to the day's high of 89.59 US cents. Presently, it is trading at 89.42 US cents.
- Take a quick look at today's gainers and losers :
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