Aust stocks open higher

Local market lifts above 5000 barrier despite mixed close on Wall St.

The Australian stock market opened higher, pushing past the key 5000 barrier, despite a mixed close on Wall Street and falls locally at the end of last week.

At the 1015 AEST official market open, the benchmark S&P/ASX200 index rose 0.8% to 5,011.9 points and the broader All Ordinaries index gained 0.77% to 4,997.5 points.

Materials were mixed, with the major miners rising.


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