Aust stocks lift 1% at open

Australian stockmarket strengthens on overseas leads at open.

The Australian stock market opened more than 1% higher following gains on most European markets after the eurozone and British central banks signalled that stimulus measures would continue for some time.

At the 1015 AEST official market open, the benchmark S&P/ASX200 index lifted 1.18% to 4,851.3 points, while the broader All Ordinaries index added 1.14% to 4,835.5 points.

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