Aust stocks close steady

Local market little changed ahead of tonight's European Central Bank meeting.

The Australian sharemarket closed little changed today as investors wait to discover if tonight's European Central Bank meeting will unveil fresh stimulus measures.

At 4.15pm (AEST), the benchmark S&P/ASX200 index lowered 7.9 points, or 0.15%, to 5,436.9, while the broader All Ordinaries index slipped 7.1 points, or 0.13%, to 5,419.7 points.

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