Investors retreated in the wake of disappointing Chinese trade balance numbers that pointed to sluggish foreign demand and triggered further global growth concerns, with the local stock market paring intra-day gains of more than 1.3 per cent to close slightly higher. At the 1615 AEST official market close, the benchmark S&P/ASX200 index rose 0.4 per cent higher to 4,901.4 points, while the broader All Ordinaries index also added 0.39 per cent to 4,885.4 points.
Posted on: Wed, 10 Jul 2013 06:59:58 +0000
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