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Australian shares rise cautiously, after the Nasdaq and iron ore hit record levels – ABC News

Australian shares lift, as the owner of Smiggle and Peter Alexander suffers a massive protest vote from shareholders over its excessive pay for the CEO, while iron…

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Australian shares have edged modestly higher, after Wall Street and European markets closed with mixed results.
By 2:50pm AEDT, the benchmark ASX 200 had risen (+0.5pc) to 6,648. The broader All Ordinaries index was up by a similar margin to 6,877 points.
Some of the best performing stocks were Janus Hendersen (+6.9pc), Monodelphous (+3.1pc), Whitehaven Coal (+5.7pc) and Treasury Wine Estates (+4.9pc).
Banks and miners provided a major boost to the market, including ANZ (+1.6pc), NAB (+1.2pc), Commonwealth…

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