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General

Market wrap - midday

The Australian share market was higher at noon led by the resources sector despite a higher-than-expected increase in the latest consumer price index data, a key indicator of future interest rate moves. At 1200 AEST, the benchmark S&P/ASX200 index had risen 17.6 points to 5,334.70, while the all ordinaries was up 20 points to 5,308.40.

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