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Australian shares climb as investors gear up for miners' production reports
Australian shares climbed to their highest level in more than a week on Monday as mining and technology stocks gained, while investors awaited a busy slate of quarterly production reports, including Rio Tinto’s update due on Wednesday. The S&P/ASX 200 index was up 0.3% at 8,739.80 points, as of 2318 GMT, after a 0.4% rise last week. The benchmark rose as much as 0.5% earlier in the session, hitting its highest level since October 1. Investors were positioning for a busy reporting season in the resources sector, with Rio Tinto set to kick off quarterly updates from Australia’s major miners ...
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