Late rally steadies ASX

A LATE market rally pushed the Australian stock market to slightly higher ground today, with the metals and mining sector performing well.

After hitting an intra-day low of 5788.6 points, the S&P/ASX 200 closed 0.2 of a point higher at 5842.3 points.

Materials were up 0.4% with the metals and mining sub-sector gaining 0.8%.