stocks open higher

The local market opened higher buoyed by stronger news from offshore

The Australian stock market opened higher following gains on Wall Street after solid United States and Chinese manufacturing data and good US car sales figures.

At the 1015 AEDT official market open, the benchmark S&P/ASX200 index was 0.35 per cent, at 5,430.2 points, while the broader All Ordinaries index was 0.33 per cent higher at 5,424.6 points.

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