Australian shares pull back after gains

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SYDNEY (MarketWatch) -- Australian shares dipped Thursday, after gaining sharply over the past two sessions, with the S&P/ASX 200 index down 0.1% at 4,281.20. Banks gained some ground, with Commonwealth Bank of Australia Ltd. shares up 0.3% and Australia and New Zealand Banking Group Ltd. shares up 0.5%. However, miners dropped along with commodity prices, with BHP Billiton Ltd. shares down 1.3% and Newcrest Mining Ltd. down 3%.
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