Australian shares remained in the green with hopes US tariffs won't be worst-case scenario. -AAP Image
The Australian share market edged higher, after paring early gains from hopes incoming US tariffs would be more targeted than a blanket 20 per cent impost.
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The S&P/ASX200 was 11 points, or 0.14 per cent higher, to 7,936.2, while the broader All Ordinaries had gained 8.3 points, or 0.10 per cent, to 8,135.2.
Eight of 11 sectors were higher as final trades were settled, with real estate up 1.7 per cent amid rising capital city house prices and hopes of a May rate cut.
Materials and energy stocks were the worst performers, down 1.7 and 1.4 per cent, the sectors most sensitive to trade war volatility showing uncertainty still hangs over tomorrow's tariff announcements.
The Australian dollar was gaining ground on the greenback, buying 62.99 cents, up from 62.56 US cents on Tuesday at 5pm.
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