Aust stocks close flat

Local market closes flat, with resource stocks parring gains from the weakness in China.

The local market put on 1.4% this week, managing to stay above the key psychological 5000 mark.

At 1615 AEST official market close, the benchmark S&P/ASX200 index inched up 0.13% to 5,042 points and the broader All Ordinaries index per cent added 0.11 to 5,023.8 points.

The big four banks boosted the market today but materials were weaker.

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