Australia shares make modest gains on oil, NZ firmer

August 12, 2016 6:22 AM

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SYDNEY Aug 12 Australian shares were firmer on Friday as a bounce in oil prices aided the energy and commodity sector, though disappointing economic data from China took the shine off a record finish on Wall Street.

The S&P/ASX 200 index added 0.42 percent, or 22.88 points, to 5530.90 at the close of trade.

Also read: Australia’s BHP Billiton Wins Bidding for Stake in Mexico’s Trion Oil Field

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