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AAP
AAP
Business
Adrian Black

Shares trim gains as bets narrow on interest rate hike

The ASX handed back some early gains after the release of new labour force data for June. (Dan Himbrechts/AAP PHOTOS)

Australian shares have reversed most of the session's gains after hotter-than-expected jobs figures and energy supply worries heightened the odds of higher interest rates.

The S&P/ASX200 gained 16 points on Thursday, up 0.18 per cent, to 8,839, as the broader All Ordinaries rose 13.2 points, or 0.15 per cent, to 9,018.1.

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