Aust stocks hold gains at noon

Local market remains slightly higher midway through the session

The Australian stock market maintained its gains at noon, as the market continues to digest the coalition's victory in the federal election.

At 1205 AEST, the benchmark S&P/ASX200 index was 0.31% higher at 5,161.1 points, while the broader All Ordinaries index lifted 0.32% to 5,160.4 points.

Financials were widely stronger.


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