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AAP
AAP
Business
Derek Rose

Australian shares edge up as key verdicts loom on rates

The property sector was the biggest loser on Monday, falling 2.0 per cent, while financials gained. (Steven Saphore/AAP PHOTOS)

The local bourse recouped modest morning losses to close slightly higher ahead of a busy week of central bank meetings.

The benchmark S&P/ASX200 index on Monday finished up 5.5 points, or 0.07 per cent, to 7,675.8, while the broader All Ordinaries climbed 1.4 points, or 0.02 per cent, to 7,925.2.

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