Aust stocks close higher

Local market performs well as investors anticipate key releases this week.

The Australian sharemarket traded higher today after positive earnings reports boosted Wall Street but many investors kept to the sidelines, waiting for tomorrow's inflation data and Chinese manufacturing figures.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index rose 25.1 points, or 0.46%, to 5,479.3 points, while the broader All Ordinaries index added 22.3 points, or 0.41%, to 5,467.1 points.

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