Aust stocks open slightly higher

Local market lifts after easing Ukraine tensions, Yellen optimism buoyed Wall St.

The Australian sharemarket opened higher after Wall Street mostly gained following more conciliatory statements by Russia's president amid the Ukraine crisis and the Federal Reserve chair's Congressional testimony.

At the 10.15am (AEST) official market open, the benchmark S&P/ASX200 index added 19.7 points, or 0.36%, at 5,455.5 points, while the broader All Ordinaries index was 18.1 points, or 0.33%, to 5,437.2 points.

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