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The big four banks eked out modest gains. Commonwealth Bank, NAB, Westpac and ANZ recovered from a weak start to drag the market higher.
Telecommunications and technology company Telstra rallied 2.7% after appointing Geraldine Kor to spearhead South Asia's business growth.
Tech stocks succumbed to selling pressure, with Afterpay losing 1.4% and Altium giving up as much as 6.2%.
Fashion retailer Premier Investments soared 12.7% after announcing it has nearly doubled earnings in the first half of its financial year.
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