Aust stocks slightly higher at noon

Local market edges up as investors wait for RBA statement this afternoon.

The Australian sharemarket is slightly higher at noon as traders digest increased Ukraine tensions, upbeat Wall Street leads and a local trade surplus that fell short of forecasts, while waiting for the Reserve Bank of Australia's statement this afternoon.

At 12.05pm (AEST), the benchmark S&P/ASX200 index gained 13.8 points, or 0.25%, to 5,476, while the broader All Ordinaries index added 13.9 points, or 0.26%, to 5,457.3.

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