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Aussie shares edge higher as iron ore tumbles
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PerthNow
The local share market has forged a modest gain to start the week on a positive footing.
(Paul Braven/AAP PHOTOS)The local share market has forged a modest gain to start the week on a positive footing.
Eight of 11 local sectors gained during the session, with strong performances from utilities, industrials and health care stocks.
Gold stocks were mixed but broadly higher as the yellow metal firmed to $US4,065 ($A5,783) an ounce, lifting the local sub-index 0.7 per cent.
The Australian dollar is buying 70.27 US cents, down from 70.33 US cents on Friday at 5pm.