Aust stocks close little changed

Local market steady in thin trade as investors favour energy over miners.

The Australian sharemarket closed little changed today in light trade as investors favoured energy, financial and consumer discretionary stocks over miners after the iron ore price edged lower.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index edged up 8.2 points, or  0.15%, to 5,539.9 points, while the broader All Ordinaries index lifted 9.5 points, or 0.17%, to 5,528.7 points.


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