Aust stocks higher at noon

The Australian share market is still trading higher, though the financial sector and Telstra has softened the gains.

The big banks have gone from one to two per cent higher at the open to less than one per cent higher. Westpac has slipped more than that, down three cents to $32.66.

Telstra shares were trading three cents higher in the morning but are now down two cents to $5.24. The telco's customers suffered another massive outage on Thursday evening.

The big miners have increased their morning rise, with BHP Billiton soaring 4.45 per cent and Rio Tinto jumping just over three per cent.

Energy stocks are doing well with Woodside Petroleum and Santos shares above two per cent.

KEY FACTS:

* At 1208 AEDT, the benchmark S&P/ASX200 index was up 18.5 points, or 0.36 per cent, at 5,186.7 points.

* The broader All Ordinaries index was up 17.7 points, or 0.34 per cent, at 5,244.1 points.

* The June share price index futures contract was up six points at 5,176 with 17,443 contracts traded.

* National turnover was 1.11 billion securities traded, worth $1.84 billion.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.7447-0.0007-0.09%
    AUDUSD=X
    0.5924-0.0004-0.07%
    AUDGBP=X
    0.7059+0.0036+0.51%
    AUDEUR=X