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AAP
AAP
Business
Adrian Black

Aussie shares shaky as ceasefire hangs in the balance

Oil United States Australia IG Lukas Coch Gold Ampol Iran
Australian stocks are treading water as the world watches developments in the US-Iran ceasefire. (Lukas Coch/AAP PHOTOS)

Australia's share market has edged slightly higher, as a fragile ceasefire between the US and Iran hangs in the balance and a key oil transit route remains restricted.

The S&P/ASX200 rose 21.4 points on Thursday, up 0.24 per cent, to 8,973.2, as the broader All Ordinaries edged 3.2 points higher, up 0.03 per cent, to 9,168.9.

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