CAPITAL MARKETS

Bourse higher on back of miners

THE resources sector was the only ray of sunlight on what was an otherwise gloomy day on the local bourse with the boost in mining stocks, led by BHP Billiton and Rio Tinto, offset by losses in the banking sector.

MiningNews.Net

The benchmark S&P-ASX 200 index, which dipped as low as 4932 points, closed the session 42.5 points higher at 4979.9, while the All Ordinaries closed 47.3 higher at 5067.8. BHP closed the day $1.55 higher...

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