Aust stocks close higher

Local market boosted by Chinese stocks, rate cut hopes after poor employment data; closes flat.

The Australian stock market reached a five-year intra-day high in today's trade, after lifting to a five-year closing high yesterday.

At the 1615 AEST official market close, the benchmark S&P/ASX200 index rose 0.15% to 5242.5, while the broader All Ordinaries index was also up 0.15% to 5238.2.

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