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Market hits new high

THE Australian market has risen for the eighth consecutive day, hitting a new 11-month high.

Kristie Batten

The S&P/ASX 200 rose by 0.5% or nearly 29 points to close at 5458.5 points. However, miners were the weakest link with heavyweights BHP Billiton and Rio Tinto down by 0.7% and 1% respectively. Still,...

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