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Australian shares inch higher as healthcare and staples gain
Australian shares inched higher on Monday, buoyed by domestic staples stocks and healthcare firms, though losses in miners capped the advance as renewed Middle East hostilities lifted oil prices and curbed risk appetite. The S&P/ASX 200 index was up 0.1% to 8,748.4, as of 1207 GMT, on track for its biggest rise in a week, if gains hold. The benchmark recovered marginally from its lowest close in over two months, which it logged on Friday. Healthcare stocks jumped 1% and were on track to snap a three-day losing streak, helped by a more than 1.5% jump in heavyweight CSL. Consumer staples cli...
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