Aussie stocks rises 0.8%

Australian share market closed higher for second consecutive day on Wednesday, 03 December 2014, as investors continued value buying across the board following steep losses last week. The local market withstood despite disappointing economic growth figures and weak commodity prices. The benchmark S&P/ASX 200 index and the broader All Ordinaries index both rose 0.8% to 5321.80 and 5301.20, respectively.

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