Market higher, miners fall

FULL year production records for seven of its commodities couldn’t save BHP Billiton from closing in the red today with the bulk of the resources sector following the mining giant’s lead after weaker base metal prices.

The Australian market closed higher with the benchmark S&P-ASX 200 index closing 99.7 points higher at 5105.3, while the All Ordinaries added 85.7 to close at 5161.