Aust stocks flat at noon

Local stock market pares morning losses after weak Wall Street leads.

The Australian stock market was flat at noon, paring morning losses after downbeat Wall Street leads as United States debt ceiling concerns weigh on investor sentiment.

At 1205 AEST, the benchmark S&P/ASX200 index had inched down 0.15% to 5,267.9 points, while the broader All Ordinaries index edged 0.13% lower to 5,263.3 points.


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