Australian stocks higher after US stimulus: Afternoon market insights

The Australian share market ended the week on a high note, after the US Federal Reserve announced another round of quantitative easing.

The ASX200 added 1.10% to 4387.0, while the broader All Ordinaries index gained 1.08% to 4407.0.

The Australian dollar hit a one-month high today, buying $US1.05810.

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