Aust stocks extend gains at noon

Local market pushes almost 1.7% higher after signs of progress in US debt deal push Wall St to record one-day gains.

The Australian stock market extended its already considerably gains at noon, after Wall Street soared on its biggest one-day gain since January on news lawmakers were moving closer to a deal to break up the political impasse in Washington.

At 1205 AEDT the benchmark S&P/ASX200 index spiked 1.67% to 5,232.9, while the broader All Ordinaries index lifted 1.31% to 5,229.7 points.

No major economic news is expected on Friday.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles