Aust stocks unchanged at noon

Local market flat in subdued trade as investors await direction from US Fed meeting.

The Australian stock market remained relatively subdued at noon, as global markets await this week's United States Federal Reserve meeting.

At 1205 AEST, the benchmark index was 0.1% higher at 5,042.6 points, while the broader All Ordinaries index also edged up 0.1% to 5024.3 points.

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