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Stocks advance despite weak overseas leads: Afternoon market insights

The Australian sharemarket posted modest gains as it neared the close today. At 2pm, the ASX200 was up 0.26% to 4552.7, while the broader All Ordinaries index added 0.27% to 4576.9. The Australian dollar edged slightly lower, buying $US1.03175.
Myriam Robin
Myriam Robin

The Australian sharemarket posted modest gains as it neared the close today.

At 2pm, the ASX200 was up 0.26% to 4552.7, while the broader All Ordinaries index added 0.27% to 4576.9.

The Australian dollar edged slightly lower, buying $US1.03175.