Australia Market extends gain

Australian share market advanced for second day in row on Tuesday, 21 June 2016, as investors grew increasingly optimistic the United Kingdom will vote to stay in the European Union. At close of trade, the benchmark S&P/ASX 200 index added 17.60 points, or 0.33%, to 5274.40. The broader All Ordinaries climbed up 17.70 points, or 0.33%, to 5353.30. Rising stocks outnumbered declining ones on the Australia Stock Exchange by 511 to 486 and 374 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.98% to 19.865.

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