Aust stocks close stronger

Banks push local market higher after ECB rate decision boosted sentiment.

The Australian sharemarket closed stronger today, buoyed by gains in the financials sector after the European Central Bank's aggressive measures to stimulate growth boosted sentiment.

At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index rose 27.1 points, or 0.5%, to 5,464 points, while the broader All Ordinaries index gained 23.8 points, or 0.44%, to 5,443.5 points.

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