Australian Shares are Holding Last Week's Rally

• The Australian market is extending last week's late rally, riding on the wave of investors' confidence spurred by the US Fed's decision to cut stimulus. The benchmark S&P/ASX 200 rose for the fourth consecutive day, adding 35.3 points, or 0.7 per cent, to 5327.2. The broader All Ordinaries pushed 33.9 points, or 0.6 per cent, higher to 5325.4.

• Consumer stocks were among the best performers of the day, with discretionary and staples jumping 1.3 per cent and 0.5 per cent respectively.

• Australian dollar is trading marginally weak against its US counter part. Presently, it is buying 89.08 US cents.

ASX 200