Aust stocks open higher

Local market lifts three-quarters of a per cent ahead of US Fed meeting.

The Australian stock market opened higher despite a subdued trade on Wall Street as investors waited for the outcome of a United States Federal Reserve policy meeting.

At the 1015 AEST official market open, the S&P/ASX 200 benchmark index was 0.79% higher at 5,086.9 points, while the broader All Ordinaries index also lifted 0.79% to 5,064.5 points.

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