Aust stocks flat at noon

Local market gives up morning gains to hover around key 5,400 level.

The Australian stock market is flat at noon, giving up morning gains to hover around the key 5,400 threshold.

At 1205 AEDT, the benchmark S&P/ASX200 index inched up 0.05%, to 5,403.6 points, while the broader All Ordinaries index rose 0.08% to 5,398.7 points.

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