Local sharemarket builds on Wall Street gains: Afternoon market insights

The local sharemarket rose higher today, after the NASDAQ added half a percent overnight.

At 2.30 pm, the ASX200 added 0.98% to 4323.00, while the broader All Ordinaries index jumped 0.91% to 4346.1.

The Australian dollar strengthened slightly today, buying $US1.04815.

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