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Miners propel ASX 1pc to a two-week high as Pepper disappoints

William McInnes
William McInnesReporter
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The major iron ore miners shrugged off a fall in iron ore prices to help drive the Australian sharemarket to its highest level in two weeks as ASX-newcomer Pepper Money made a disappointing start to trading on the local bourse.

The S&P/ASX 200 Index advanced 69.3 points, or 1 per cent, to 7115.2, its best close since May 10.

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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/markets/equity-markets/miners-propel-asx-1pc-to-a-two-week-high-as-pepper-disappoints-20210525-p57uyk