CAPITAL MARKETS

Gloomy day for miners

THE Australian market struggled to gain traction today amid a dismal performance by mining stocks.

Kristie Batten

The S&P/ASX 200 dropped 0.2%, or 11.6 points, to 5400.7, with basic materials down a little over 0.7%. Western Areas was the best-performing mining stock in the S&P/ASX 200 with a 5.5% rise to $A4.62....

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