Aust stocks close at 5½-year high

Local market lifts slightly to close at highest level in more than five and a half years on strong US economic data.

The Australian stockmarket pushed higher today, closing at its highest level for more than five and a half years on strong United States data and easing tensions between Russia and Ukraine.

At the 4.15pm (AEDT) official market close, the benchmark S&P/ASX200 index rose 0.3% to 5,462.3 points, while the broader All Ordinaries index added 0.32% to 5,477 points.

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