CAPITAL MARKETS

Stocks shrug off poor outlook

LOCAL stocks finished higher today after a strong start, with the market shrugging off weak economic forecasts from the federal government and Reserve Bank.

Andrew Duffy

The S&P/ ASX 200 hit a high of 5134 points after strong gains early on but cautious investors pulled the market back to finish at 5103 points, a 0.3% gain for the session. Basic materials finished...

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