Australia Market gains on positive offshore lead

Australian share market finished the session higher on Thursday, 07 July 2016, on the back of gains in commodity prices and a positive session on Wall Street overnight, with shares of energy, materials, realty, property trusts, and financials sectors leading gains. At close of trade, the benchmark S&P/ASX 200 index advanced 30.40 points, or 0.58%, to 5227.90. The broader All Ordinaries rose 26.30 points, or 0.5%, to 5311. Rising stocks outnumbered declining ones on the Australia Stock Exchange by 682 to 393 and 273 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.83% to 18.349.

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