Australian share market managed to close higher for seventh session in row on Monday, 28 April 2014, defying a weak lead from offshore equity markets, on excitement surrounding a foreign takeover bid for bread and margarine maker Goodman Fielder. But the market trimmed gains late afternoon due to sell-off in iron ore and coal miners. The benchmark S&P/ASX200 rose by 5.10 points to 5536.10, while the broader All Ordinaries added 0.60 point to 5516.10.
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