Bouncing back Wednesday: Aus shares close 0.2% higher

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SUMMARY

04 Apr 2018 - Market Wrap: ASX gains 0.2 per cent. Retail sales rise more than expected, while building permits slide. Retail Food Group (ASX:RFG) continued its slide today, hitting an all-time low. The iron ore price fell with Rio (ASX:RIO) and BHP (ASX:BHP) not seeing much love while Flinders Resources (ASX:FND) gained 30 per cent, and Malachite Resources (ASX:MAR) lifted 17 per cent. Air New Zealand (ASX:AIZ) and Virgin Australia (ASX:VAH) will end their trans-Tasman alliance in October this year after partnering for seven years, which sees AIZ shares rally. Click to watch full report.

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