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Economics

Market wrap - midday

Australian stocks have climbed to new intraday highs, with gains felt across the board, and the resources sector a strong support. At 1200 AEST, the benchmark S&P/ASX200 index was 43.7 points higher at 6289.3, with a new intraday high of 6291.6, while the all ordinaries rose 44 points to 6280.9 and had a new high of 6282.5.

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