Aust stocks flat at noon

The Australian stock market remained little changed at noon after United States stocks closed on a negative note following a mixed batch of economic data and a big jump in bond yields.

At 1205 AEST, the benchmark S&P/ASX200 index edged up 0.09% to 5,118.5 points, while the broader All Ordinaries index inched 0.14% higher to 5,107 points.

In economic news, the Australian Bureau of Statistics (ABS) is due to release new motor vehicle sales for July.

In Australia, the market on Friday finished weaker as profit taking hit the big banks and resource companies.

The benchmark S&P/ASX200 index was 38.5 points, or 0.75% lower, at 5,113.9 points.

The broader All Ordinaries index was down 36.6 points, or 0.71%, to 5,100.1 points.