Australian Shares Tick 0.1% Higher as Consumer Staples Lead Gains

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Australian Shares Tick 0.1% Higher as Consumer Staples Lead Gains
Credit: © Reuters.

By Oliver Gray 

Investing.com - The S&P/ASX 200 finished slightly higher, adding 4.1 points or 0.1% to 6,606.3 following declines of 1.1% in the previous session.

Among stocks, Consumer Staples led the gains, adding 1.2% with Woolworths Ltd (ASX: WOW ) up 2%, Graincorp Ltd (ASX: GNC ) adding 0.4% and Endeavour Group Ltd (ASX: EDV ) gaining 0.9%.

Health Care lifted 1.1% overall, as CSL Ltd (ASX: CSL ) added 1.6%, Fisher & Paykel Healthcare Ltd (ASX: FPH ) lifted 1% and Resmed Inc (ASX: RMD ) gained 2.1%.

Materials fell 1.1% collectively as Rio Tinto Ltd (ASX: RIO ) added 0.1%, BHP Billiton Ltd (ASX: BHP ) dipped 1.4%, Fortescue Metals Group Ltd (ASX: FMG ) lifted 0.2% and Champion Iron Ltd (ASX: CIA ) fell 3.7%.

On the bond markets, Australia 10-Year yields were at 3.446% while United States 10-Year rates were at 2.95%.

In New Zealand, the NZX 50 finished little changed at 11,103.4.

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