Aust stocks close flat

Local market little changed as some investors switch from banks to staples.

The Australian stock market closed flat today as the major banks ended their recent run of gains with investors taking profits and switching into staples.

At the 1615 AEDT official market close, the benchmark S&P/ASX200 index lost 0.1% to 5,425.5 points, while the broader All Ordinaries index inched down 0.09%, at 5,420.3 points.


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