Aust stocks lift at noon

Local market gains as investors eye continued stimulus in the US.

The Australian stock market gained at noon, following strong Wall St leads as investors expect likely new United States Federal Reserve head Janet Yellen to continue stimulus measures.

At 1205 AEDT, the benchmark S&P/ASX200 index rose 0.4% to 5,376.6 points, while the broader All Ordinaries index lifted 0.38% to 5,372.1 points.

Financials were mostly higher.

ANZ added 0.97% to $32.15 and Commonwealth Bank rose 0.58% to $77.65.

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