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Australian shares rise on ECB deal: Afternoon market insights

Myriam Robin /

The Australian sharemarket posted modest gains today, after the European Central Bank agreed to buy the bonds of distressed eurozone countries.

By 2.30pm, the ASX200 had gained 0.26% to 4324.1, while the broader All Ordinaries gained 0.35% to 4346.7.

The Australian dollar marched higher, buying $US1.03150.

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Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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