Australia market ends modestly up

The Australian share market closed modestly higher on Thursday, 08 October 2015, after paring early gains late afternoon on caution ahead of BoE monetary policy decisions and FOMC minutes later today in the global market. The market strength was largely due to strong performances from materials and energy blue-chip stocks and banks which helped to overshadow losses elsewhere. The benchmark S&P/ASX 200 index and the broader All Ordinaries index both gained 0.2% to 5210.40 points and 5241.40 points, respectively.

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