Aust stocks open slightly higher

Local market edges upward in early trade, buoyed by sharp gains on EU bourses.

The Australian stock market lifted slightly at the open as European bourses posted sharp gains on upbeat Chinese and eurozone economic data, and receding investor concerns over a United States intervention in Syria.

At the 1015 AEST official market open, the benchmark S&P/ASX200 index lifted 0.2 7% to 5202.2 points, while the broader All Ordinaries index was 0.28% higher at 5,192.7 points.

Wall Street was closed for the Labor Day public holiday.


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