Australian stockmarket up at the opening following Wall Street's lead

  • S&P/ASX200 up 0.5%
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The Australian equites market opened higher on Thursday

  • S&P/ASX200 up 55 points, or 0.6%, at 8,879
  • Gains were broad-based
  • nine of 11 sectors in positive territory
  • financial stocks led the rebound after yesterday’s losses
  • communication services lagging

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