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Market up no thanks to miners

THE Australian market turned positive this afternoon in quiet trading after earlier dropping to a three-day low on Europe’s sovereign debt woes. However, the major miners didn’t do much to help lift the bourse.

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The S&P/ASX 200 index finished the session at 4618.5 points, up 0.4%, after earlier hitting a three-day low of 4557.3 points. The All Ordinaries closed at 4706.7 points, up 0.35%. While the broader...

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