Aust stocks open higher

Local market lifts following modest gains on European markets as Wall Street closed.

The Australian sharemarket opened higher following modest gains on European markets overnight, in the absence of a lead from Wall Street.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 index added 13.8 points, or 0.25%, to 5,526.6 points, while the broader All Ordinaries index gained 13.9 points, or 0.25%, to 5,504.3 points.

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