Aust stocks close little changed

The Australian sharemarket has closed steady today, with materials supporting the market despite continued weakness in the iron ore price.

The Australian sharemarket has closed steady today, with materials supporting the market despite continued weakness in the iron ore price.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index edged down 1.1 points, or 0.02 per cent, to 5,511.7 points, while the broader All Ordinaries index inched up 0.4 points, or 0.01 per cent, to 5,490.8 points.

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