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AAP
AAP
Business
William Ton and Derek Rose

Aussie shares rebound after inflation data causes drop

Inflation Woolworths Wisetech Global ABS
Stocks on the Australian Securities Exchange took a slight hit from unexpected inflation figures. (Bianca De Marchi/AAP PHOTOS)

The Australian share market has moderated and finished the day in the green on the back of strong company reporting data after a drop led by unexpected domestic inflation.

By the close, the benchmark ASX200 index was up 24.9 points, or 0.28 per cent, to 8,960.5, while the broader All Ordinaries gained 23.8 points, or 0.26 per cent, to 9,231.1.

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