Aust stocks slip at noon

Local market falls slightly after lift in October private sector credit.

The Australian stock market is slightly lower after a lift in private sector credit data as shares in Australia's largest agribusiness GrainCorp plummeted.

At 1205 AEDT, the benchmark S&P/ASX200 index fell 0.39% to 5,313.7 points, while the broader All Ordinaries index fell 0.36% to 5,307.4.

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