Australia Market ends mildly firmer

Australian equity market finished session mildly firmer on Wednesday, 25 October 2017, as weaker-than-expected inflation data cooled rate hike expectations, with positive factors in overseas economies supported materials while a drop in retail-to-coal giant Wesfarmers dented gains. At the market close, the benchmark S&P/ASX200 had risen almost 8 points, or 0.14%, to 5,906 points, while the broader All Ordinaries index was up 10 points, or 0.17% to 5,973 points. Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 611 to 598 and 332 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.22% to 11.114.

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