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AAP
AAP
Business
Adrian Black

Aussie shares climb on steady oil price, rate outlook

Oil United States Australia Kyle Rodda Kyle Sandilands Anthony Albanese BHP Brandon Craig Mike Henry Reserve Bank
The S&P/ASX200 index has posted a second straight session of gains as oil prices ease. (Bianca De Marchi/AAP PHOTOS)

Australia's share market has logged a second session of gains on easing oil prices, and as the Reserve Bank's recent split interest rate decision softened the outlook for future hikes.

The S&P/ASX200 rose 26.3 points on Wednesday, up 0.31 per cent, to 8,640.6, as the broader All Ordinaries gained 28.3 points, or 0.32 per cent, to 8,847.7.

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