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Market wrap - midday

The Australian stock market was higher at noon propelled by lingering optimism from yesterday's gains, amid speculation the Reserve Bank of Australia will leave interest rates untouched following its monthly board meeting today. At 1200 AEST the benchmark S&P/ASX200 was 15.1 points higher at 5144.3, while the all ordinaries rose 14.3 points to 5105.8.On the Sydney Futures Exchange, the September share price index gained six points to 5,150.

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