Australian share market kicked off the month on a positive note, Monday, 01 August 2016, with energy, materials, property trusts, financials, and realty stocks leading rally. The lift came ahead of Tuesday's Reserve Bank of Australia meeting, where most of economists expect a 25 basis point cut to 1.5%. At close of trade, the benchmark S&P/ASX 200 index inclined 25 points, or 0.45%, to 5587.40. The broader All Ordinaries gained 26.10 points, or 0.46%, to 5670.10.
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