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Australian stocks record 7-day high at end, S&P increases 18.8pts

SYDNEY: The Australian stocks has finished stronger for the seventh successive day and closed the week at a four month high as assumption of a possible cut to the official interest rate on Tuesday enhanced investor emotion. At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index was up 18.8 points, or 0.34 per cent, at 5,588.3, while the ... Read More »