Aust stocks rise at noon

Local market lifts after Fed holds $US85 a month bond-buying program.

The Australian stock market is higher at noon following record highs on Wall Street after the Federal Reserve unexpectedly kept its stimulus measures intact.

At 1205 AEST, the benchmark S&P/ASX200 index was 0.88% higher at 5,284.2 points, while the broader All Ordinaries index was 0.9% higher at 5,277.6 points.


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