Aust stocks lift at noon

Local market recovers after better than forecast US retail sales numbers.

The Australian sharemarket has extended morning gains at noon after better than expected United States retail sales figures boosted Wall Street overnight.

At 12.05pm (AEST), the benchmark S&P/ASX200 index rose 35.7 points, or 0.67%, to 5,394.6, while the broader All Ordinaries index added 34.7 points, or 0.65%, to 5,388.3.

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