Banks carries Australia market in the black

The Australian share market managed to close higher for the first time in three consecutive sessions on Thursday, 26 November 2015, with gains in the banks and financial stocks helped to offset losses in resources stocks. At the close, the benchmark S&P/ASX 200 index ended 17 points, or 0.33%, higher at 5210.70 points, while the broader All Ordinaries index rose 14.50 points, or 0.28%, to 5259.70 points. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 509 to 499 and 145 ended unchanged.

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