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ASX 200 closes up 5.28 points; A2M, Woolworths, Codan fall

The Australian sharemarket closed only slightly higher on Wednesday, lifting 5.28 points to close at 7448.7 points. A2 Milk and Woolworths were sharp falls on the day.

Rollercoaster ride ahead for ASX investors. Picture: NCA NewsWire / Nikki Short
Rollercoaster ride ahead for ASX investors. Picture: NCA NewsWire / Nikki Short

Welcome to the Trading Day blog for Wednesday, October 27. ASX 200 has recovered to be 0.1 per cent higher after earlier falls on quarterly inflation growth numbers. 

ASX 200 is 0.1 per cent higher at 7446.10 at 3.07pm AEDT.

The Dow Jones index rose less than 0.1 per cent to record highs, the S&P 500 index was up 0.2 per cent to record highs and the Nasdaq index closed 0.1 per cent higher.

Iron ore rose 2.5 per cent to $US122.75 per tonne.

The US Nymex crude (WTI) price was 1.1 per cent higher at $US84.65 a barrel.

Originally published as ASX 200 closes up 5.28 points; A2M, Woolworths, Codan fall

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Original URL: https://www.heraldsun.com.au/business/asx-to-open-flat-as-wall-st-gains-inflation-data-ahead/live-coverage/e713c008bb84413bb74652d6b3ac82d4