Aust stocks lift at noon

Local market gains as banks recover, Yellen's comments buoy investors.

The Australian stock market has gained ground at noon as major banks recovered somewhat from yesterday's sell-off and likely new US Federal Reserve head Janet Yellen hinted stimulus is set to continue.

At 1205 AEDT, the benchmark S&P/ASX200 index increased 0.85% to 5,364.2 points, while the broader All Ordinaries index rose 0.8% to 5,360.1 points.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

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

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

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles