Aust stocks close higher

Local market buoyed by resources but finishes just short of five-year highs.

The Australian stock market closed stronger today but failed to reach a five-year high after buying in materials

At the 1615 AEDT official market close, the benchmark S&P/ASX200 index was 0.49% higher at 5,438.7 points, while the broader All Ordinaries index increased 0.52% to 5,449.4 points.

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