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Australia: Shares flat on mixed earnings, NZ edges down

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[SYDNEY] Australian shares struggled to advance on Wednesday, as mixed earnings reports offset a boost from firmer mining and bank stocks.

The S&P/ASX 200 index tacked on 7.93 points, or just 0.14 per cent, to 5561.7 at the close of trade. The benchmark climbed 0.7 per cent on Tuesday.

New Zealand's benchmark S&P/NZX 50 index edged down 0.76 per cent, or 57.03 points, to finish the session at 7410.3.