Aust stocks unmoved by shrinking China growth

Local market closes unchanged as investors sit on their hands after China's GDP slows in line with consensus.

Investors sat on their hands in a lacklustre session that saw the Australian stock market close flat with China's GDP slowing in the second quarter, validating concerns about waning growth in the world's second-biggest economy. 

At the 1615 AEST official market close, the benchmark S&P/ASX200 index edged 0.14% higher to 4,981.1 points, while the broader All Ordinaries index inched 0.16% higher, to 4,965.6 points.


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