CAPITAL MARKETS

Market up despite materials

IT was a positive start to the new financial year for the Australian stock market today, though materials took a hit to be the worst performing sector.

Jack McGinn

The S&P/ASX 200 index closed higher for the second consecutive day, adding 1% or 56.7 points to close at 5517.7 points. Despite the overall market gain the materials sector performed poorly, shedding...

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