As it happened: ASX recovers ground to close 0.1% higher

Summary

• The ASX200 dropped as much as 0.5% at Wednesday's open but recovered to close 0.1% higher at 6057.7
• Inflation grew in line with expectations with quarterly growth of 1.6% and annual growth of 0.7%. The Aussie later edged higher to US71.43 cents
• Afterpay shares finished 7.3% ahead at $102.97 on a quarterly underlying sales record of $4.1 billion and increased customer numbers
• US futures were down by between 0.4% and 0.6% at 4pm and hint at losses on Wall Street tonight