Aust stocks higher at noon

Local market continues rally, lifts to new five-year highs as investors expect US monetary stimulus to continue.

The Australian stock market has continued to rally, reaching new five-year highs after strong Wall Street leads as investors expect the United States Federal Reserve to continue its $US85 billion a month bond-buying program.

At 1205 AEDT, the benchmark S&P/ASX200 index lifted 1.29%, at 5,455.6 points, while the broader All Ordinaries index added 1.22%, at 5,451.5 points.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles