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AAP
AAP
Business
Adrian Black

Australian shares advance as banks, miners rally

Tapas Strickland United States Stock Market Oil
Telstra shares fell 2.5 per cent ahead of its annual meeting as the ASX climbed higher at close. (Lukas Coch/AAP PHOTOS)

Australia's share market has started the week higher after banks rallied in anticipation of US earnings season, while rebounding metals prices supported mining stocks.

The S&P/ASX200 rose 66.6 points on Monday, up 0.76 per cent, to 8783.2, as the broader All Ordinaries gained 59.3 points, or 0.67 per cent, to 8937.

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