Aust stocks close flat

Local market little changed as investors wait to hear if Fed will taper tomorrow.

The Australian stock market has closed flat as investors position for the United States Federal Reserve's decision tomorrow morning about whether it will reduce its $US85 billion per month bond-buying program.

At 1615 AEDT, the the benchmark S&P/ASX200 index inched down 0.14% to 1,096.1 points, while the the broader All Ordinaries index edged down 0.13% to 5,099.3 points.

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