Aust stocks open higher

Local market begins week stronger as American investors await deluge of US earnings.

The Australian sharemarket opened higher on the back of positive leads from Wall Street at the end of last week where American investors are heading into the start of the US reporting season in an optimistic mood.

At the 10.15am (AEST) official market open, the benchmark  S&P/ASX200 index was 18.1 points, or 0.33%, higher at 5,504.9 points, while the broader All Ordinaries index rose 16.2 points, or 0.3%, at 5,490.8 points.


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