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Stocks remain submerged

AUSTRALIAN stocks posted their fifth straight session of declines today as another effort by the resources sector to claw its way back failed to buoy the broader market.

Justin Niessner

The S&P/ASX 200 was down 0.7% to 5407 points despite positive offshore economic leads, firmer metal prices and another marginally positive performance in the mining space. The materials sector returned...

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