Australia stocks rise for the fifth day in a row

Australian share market closed higher for fifth consecutive session on Wednesday, 20 August 2014, on the back of positive cues from offshore markets overnight after upbeat U.S. economic figures. However, plunge in heavyweight BHP Billiton shares capped the overall gain. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each rose by 0.2% to 5634.60 points and 5629.20 points, respectively.

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