Aust stocks close slightly lower

Local market narrows losses after China's positive reaction to Third Plenum.

The Australian stock market has narrowed morning losses after investors noted a positive reaction in China to comments from a key Communist Party meeting last week.

At the 1615 AEDT official market close, the benchmark S&P/ASX200 slipped 0.31% to 5,384.7 points, while the broader All Ordinaries index decreased 0.34% to 5,377.9 points.

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