Australia Stocks end higher

Australian share market closed mixed after erasing early gains on Thursday, 24 November 2016, as investors elected to book profit after sharp 2.5% gain in the previous two sessions. Most of the All industry group of the ASX issues mixed, with the gains from the financial sector were offset by falls in metals and materials stocks. At the closing bell, the benchmark S&P/ASX 200 index edged up by 0.70 point, or 0.01%, to 5485.10, while the broader All Ordinaries index was shade 0.90 point, or 0.02%, lower to close at 5549.

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