Australian share market finished almost flat after trimming early gains on Wednesday, 28 September 2016, as strength in utilities and consumer staples issues were offset losses in energy and resources counters. At close of trade, the benchmark S&P/ASX 200 index rose 6.50 points, or 0.12%, to 5,412.40, while the broader All Ordinaries index was up 6.50 points, or 0.12%, to 5,500.20. Falling stocks outnumbered advancing ones on the Australia Stock Exchange by 533 to 512 and 355 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 3.55% to 13.899.
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