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Australian shares inch up at close of trade

On Wednesday, Australian shares leapt after the close, as profits in the Metals & Mining, Resources as well as Materials sectors brought stocks up.

The S&P/ASX 200 rose 0.19%.

On the S&P/ASX 200 the best performance was demonstrated by A2 Milk Company Ltd, Western Areas Ltd and Sandfire Resources NL. They managed to grow respectively 9.25%, 7.75% and 5.90%.   

As for losing benchmarks, they were represented by Bellamys Australia Ltd, Platinum Asset Management Ltd and Breville Group Ltd. They headed south 19.76%, 3.18% and 3.06% respectively.       

On the Australia Stock Exchange growing shares managed to outnumber sinking ones by 553 to 510, while 349 remained intact.

Additionally, stocks in Bellamys Australia Ltd dropped to 52-week minimums, sagging 19.76% and reaching 5.360. Stocks in Western Areas Ltd leapt to 52-week peaks, ascending 7.75% and being worth 3.405.

The currency pair AUD/USD jumped 0.05%, trading at 0.7373, AUD/JPY grew 0.30% getting to 85.57.


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