Australian Shares Higher on Positive Leads from US
- The Australian market is trading higher because of positive cues from US sales figures. Energy and Health Care shares are leading the gains today. In morning session, the benchmark S&P/ASX 200 opened at 5256.00 while the broader All Ordinaries opened at 5265.10.
- The Australian dollar is also trading strongly against US dollar amid positive global cues. Presently, local currency is trading at 88.13 US cents.
- Stocks to watch for today are:
- FMG: Fortescue Metals Group
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