Australia market closed flat in calm trade

The Australian share market closed the session virtually flat in extremely quiet trade on Tuesday, 27 May 2014, due to lack of supporting cues from offshore markets overnight and mixed showing from blue chip stocks. The benchmark S&P/ASX200 edged down 1.10 points to 5511.70, while the broader All Ordinaries eked out a 0.40 point gain to 5490.80. Volumes were unusually low with less than A$3.1 billion worth of shares changed hands.

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