Blue Scope Steel: The All Ordinaries index rose by 48 points to close at 5,057 and the ASX 200 index finished 1 per cent higher at 5,001, according to Australian Broadcasting Corporation. Industrial stocks had the biggest gains, led by the logistics giant Brambles, which jumped by 8.5 per cent to $12 on the back of a rise in half-year profit to $US290.9 million. Investors also cheered some strong profit results as the company reporting season rolls on. Mining stocks also rose on higher iron ore prices. Meanwhile, Blue Scope Steel said last year deal with employees to cut 500 jobs and freeze wages for three years dramatically boosted profits. Fortescue Metals fared the best, up 9.1 per cent to $2.17.
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