Aust stocks close slightly higher

Local market ekes out a gain over the month despite a fall in the iron ore price putting miners under pressure.

The Australian sharemarket has closed the month slightly higher but posted a fall today as continued weakness in the iron ore price placed miners under pressure.

At the 4.15pm official market close, the benchmark S&P/ASX200 index lost 27 points, or 0.49%, to 5,492.5 points, while the broader All Ordinaries index lost 25.4 points, or 0.46%, to 5,473.8 points.

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