Aust stocks close higher

While the unemployment rate held steady in December, its trending upwards amid a shrinking number of jobs in the market.

The Australian stock market has extended morning gains, pushing 1% higher after reports of production lifts among miners and bargain hunting in materials names.

At the 1615 AEDT official market close, the S&P/ASX200 index lifted 1.21% to 5,309.1 points, while the broader All Ordinaries increased 1.22% to 5,319.4 points.


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