Australia’s share market finished marginally higher after disappointing retail sales figures and mixed messages on US economic stimulus minimised gains.

The S&P/ASX200 benchmark index closed up 7.2 points, or 0.12 per cent, to 6191.8 on Wednesday.

The All Ordinaries ended better by 6.3 points, or 0.1 per cent, to 6403.1.

A fall in September retail trade, and US lawmakers’ inability to agree on economic stimulus, contributed to an early drop in the indices.

The ASX200 finished below the 6200 level which has proven a psychological barrier for traders for months following the outbreak of COVID-19.

The Aussie dollar was buying 70.74 US cents at 1623 AEDT, higher from 70.39 US cents at the close of trade on Tuesday.