Aust stocks open flat

Local market begins little changed following mixed performance on Wall Street, US GDP data.

The Australian sharemarket opened flat following a mixed performance on Wall Street after the Federal Reserve kept interest rates near zero and surprisingly strong second quarter US economic growth data.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 index rose 5.9 points, or 0.1%, to 5,628.8 points, while the broader All Ordinaries index lifted 5.2 points, or 0.09%, to 5,620.3 points.

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