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Materials low, market flat after RBA rate cut

THE Australian stock market closed flat today despite the Reserve Bank of Australia's decision to...

Jack McGinn

After peaking at 5901.8 points early in the day, the S&P/ASX 200 jumped from 5842.3 points to 5893.3 points following the RBA decision before sliding back to end the day just a point lower at 5826.5 points....

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