Aust stocks rise at noon

Local market pares early gains but holds above key 5000 level.

The Australian stock market pared earlier gains but remained higher at noon, shrugging off a lacklustre performance last week that saw the market limp to a weekly loss of 0.04%.

At 1205 AEST, the benchmark S&P/ASX200 index rose 0.67% to 5,005.3 points and the broader All Ordinaries index gained 0.65% to 4,991.4 points.

The local market had increased more than 1% in mid-morning trade.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles