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Activity was thin, with not even half the average volume trading on several major stocks, including Telstra Corp , Woolworths and Westpac Banking Corp, with investors staying out of the market. The benchmark S&P/ASX 200 index lost 19 points, or 0.4 percent, to close at 4,285.6. New Zealand's benchmark NZX 50 index inched up 0.2 percent to close at 3,37.3.