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ASX edges 0.1pc higher despite China weighing on miners

The Australian sharemarket rose to a record high on Wednesday despite the miners weighing heavily after China said it would release reserves of a number of key commodities in order to curb price increases.

The S&P/ASX 200 Index climbed 6.7 points, or 0.1 per cent, to 7386.2, extending its record high from the previous session.

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William McInnes was a markets reporter for The Australian Financial Review. Connect with William on Twitter. Email William at w.mcinnes@afr.com.au

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    Original URL: https://www.afr.com/markets/equity-markets/asx-edges-0-1pc-higher-despite-china-weighing-on-miners-20210616-p581jx