Aust stocks gain at noon

Local market lifts after gains on global bourses, poor confidence survey.

The Australian stock market pared morning gains at noon after lifts on international markets overnight and the release of a private survey showing a drop in business confidence.

At 1205 AEDT, the benchmark S&P/ASX200 index put on 0.26%, to 5,401.2 points, while the broader All Ordinaries index rose 0.28% to 5,396.1 points.


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