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ASX firms as markets await trade resolution

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Australian shares opened the week's trading higher on Monday, edging closer to a fresh record high, buoyed by optimism that a trade deal between the US and China was imminent.

The S&P/ASX 200 Index closed the session 48.4 points, or 0.7 per cent, higher at 6772.5, just 72.6 points shy of its record high.

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William McInnes covers markets from Sydney including editing the Markets Live blog. Connect with William on Twitter. Email William at w.mcinnes@afr.com.au

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    Original URL: https://www.afr.com/link/follow-20180101-p539ct