Australian stocks shrug off weak overseas leads: Afternoon market insights

The Australian share market shrugged off early-morning falls, posting slightly higher as it neared today’s close.

At 2.40pm, the ASX200 was up 0.26% to 4274.0, while the broader All Ordinaries index gained 0.25% to 4239.5.

The Australian currency weakened in the afternoon, buying $US1.04790.

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