Market Close 9 Mar 23: ASX 200 edges higher for 5th time in 6 days

The Australian sharemarket edged higher for the 5th time in 6 days, with the ASX 200 lifting by a modest 3.3pts or 0.05% to 7311.1. The market was held back partly by BHP Group, Rio Tinto, South32 and CSL Limited trading ex-dividend. Shares in accounting software company Xero rose most after announcing cost cutting plans.

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