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Australia Market extends gain

At closing bell, the benchmark S&P/ASX200 added 17.61 points, or 0.25%, to 7,082.28. The broader All Ordinaries rose 26.02 points, or 0.36%, to 7,346.03. Miners were mixed, with iron ore miners BHP and Rio Tinto each gaining 0.9% - while Miner Fortescue Metals retreated 0.2% on the back of a weaker than expected quarterly result. Supermarket giant Woolworths was the most significant drain on the market, dropping 3.9% to $39.81 after a disappointing quarterly result and news it would not be proceeding with a controversial Dan Murphy s liquor store in Darwin. In economic news, the export price index rose 11.2% this quarter and 8.6% through the year. The import price index also rose 0.2% and fell 6.2% through the year.

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