Aust stocks climb to six-year high at noon

Local market extends morning gains as Commonwealth Bank hits a record high.

The Australian sharemarket has extended morning gains to touch a fresh six-year intraday high at noon, as investors prepare for the end of the month and eye a string of data releases scheduled later this week.

At 12.05pm (AEST), the benchmark S&P/ASX200 index rose 41.8 points, or 0.75%, to 5,630.2 points, while the broader All Ordinaries index lifted 41.7  points, or 0.75%, to 5,622.3 points.

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