Aust stocks close higher

The resources index divided by the bank index over the past 12 months.

The Australian stock market closed slightly higher as investors position for the end of the quarter, encouraged by Wall Street gains on solid economic data.

At the 1615 AEST official market close, the benchmark S&P/ASX200 index was 0.24% higher at 5,307.1 points, while the broader All Ordinaries index gained 0.27% to 5,302.2 points.

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