Aust stocks flat at noon

Local market little changed midway through the session on modest US leads.

The Australian stock market was flat at noon following modest Wall Street gains as data showed United States gross domestic product grew better than expected.

 At 1205 AEST, the S&P/ASX 200 benchmark index lifted 0.03% to 5,053.6 points, while the broader All Ordinaries index also rose 0.1% to 5,040.6 points.

US GDP grew 1.7% in the second quarter, above the 1.1% pace expected by analysts.

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