Aust stocks lift at noon

Local market gains ahead of RBA board meeting.

The Australian stock market has continued to rally in midday trade ahead of the Reserve Bank of Australia (RBA) board meeting this afternoon and a busy week of economic indicators.

At 1205 AEDT, the benchmark S&P/ASX200 index increased 0.81 per cent to 5,434 points, while the broader All Ordinaries index added 0.79 per cent to 5,426.6.

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