Aust stocks extend losses at noon

The Australian sharemarket extended its losses at noon.

The Australian sharemarket extended its losses at noon despite strong gains on Wall Street after Federal Reserve chair Janet Yellen was dovish about the US economy's recovery.

At 12.05pm (AEDT), the benchmark S&P/ASX200 index fell 26.2 points, or 0.49 per cent, to 5,368.6 points while the broader All Ordinaries index lost 26.8 points, or 0.5 per cent, to 5,376.2 points.

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