Aust stocks flat at lunch

Local market fails to gain momentum in quiet trade, hovers just above 5100-mark.

The Australian stock market remained unchanged at noon in a lacklustre session on low volumes after a mixed result on Wall Street and European markets amid heightening concerns of yet another Greek bailout.

At 1205 AEST, the benchmark S&P/ASX200 index added 0.18% to 5,103.1 points, while the broader All Ordinaries index also increased 0.18%, to 5,117.7 points.

Materials gained, with the major miners in the black.


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