Australia: Market closes edge higher on earnings reports

Australian share market finished the session marginal above the neutral line on Wednesday, 30 April 2014, as strong gains by index heavyweights Telstra and BHP Billiton helped to shrug off some disappointing corporate news from the likes of Woolworths and Woodside Petroleum. The benchmark S&P/ASX200 rose 2.50 points to 5489.10 while the broader All Ordinaries jumped by 3.90 points to 5470.80. Over the month, the ASX 200 rose 1.8%, while the broader All Ordinaries added 1.3%.

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