Lower for week amid trade fears: Aus shares close 0.5% higher on Friday

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16 Mar 2018 - Market wrap: Staples shone today, leading most of the sectors higher. It comes as comes as Wesfarmers (ASX:WES) shares gained over 6 per cent after it announced plans to spin off Coles. Miners also shone with South32 (ASX:S32) rising over 5 per cent. Premier Investments (ASX:PMV) one of today’s biggest risers reported a 9 per cent rise in half year profits and revenues for the period ending 27 January 2018.

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