Aust stocks open 0.5% higher

Local stockmarket lifts ahead of RBA meeting.

The Australian stock market opened more than half a per cent higher ahead of the Reserve Bank of Australia's monthly board meeting later today.

At the 1015 AEDT official market open, the benchmark S&P/ASX200 index increased 0.58% to 5,421.8 points, while the broader All Ordinaries index added 0.56% to 5,414.4.

Financials were mostly stronger, withe the big four all in the black.


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