Australian share market closed slight higher on Thursday, 26 May 2016, on the back of strength in energy and material stocks thanks to strength in crude oil and base metal prices. At close of trade, the benchmark S&P/ASX 200 index inclined 15.60 points, or 0.29%, to 5388.10. The broader All Ordinaries added 15.10 points, or 0.28%, to 5451.90. Rising stocks outnumbered declining ones on the Australia Stock Exchange by 554 to 432 and 316 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.01% to 16.857 a new 1-month low.
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