Australia's current account surplus rose to a record A$20.5 billion in the June quarter, due to booming prices for iron ore and robust demand from China.
Miners fell broadly, with Fortescue Metals Group shares plunging almost 11%. Banks ended mostly higher to post modest gains while energy stocks fell broadly on weaker oil prices. Oil Search lost 2.4% and Santos gave up 1.8% after they have extended their mutual period of due diligence for a merger deal.
CURRENCY NEWS: The Australian dollar changed hands at $0.7436, having climbed from below $0.732 last week.
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