Aust stocks little changed at noon

Retail Food Group (RFG) suffered its worst dive in five-months this morning as the stock came out of a trading halt following a capital raising.

The Australian stock market has narrowed early losses following a surge in building approvals and growth in private sector credit.

At the 1205 AEDT, the benchmark S&P/ASX200 index lost 0.12% to 5,424.5 points, while the broader All Ordinaries index fell 0.11%, at 5,419.7 points.

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