Aust stocks rally at close

Local market gains momentum after lacklustre start as investors react well to early earnings reports.

The Australian stock market rallied in late trade after a lacklustre start as investors took well to the first week of local corporate earnings season. 

At 1615 AEST official market close, the benchmark S&P/ASX200 index added 0.96% to 5,157.7 points, while the broader All Ordinaries index increased 0.93% to 5,141.6 points.

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