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Markets Live: Banks power rally

2014-10-03 11:12:36| Agriculture - Topix.net

After a shaky start shares close higher led by a rally in the big banks and Telstra, while miners fall following more weak Chinese economic data. The sharemarket has broken a run of five straight weekly losses , with the ASX 200 inching 0.1 per cent higher over the five trading days after adding 21 points, or 0.4 per cent, in today's session to close at 5318.2. A recovery among the big banks drove the market, with ANZ advancing 1.4 per cent, CBA 1.1 per cent and Westpac and NAB up 0.9 per cent.

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