Market regains momentum despite mixed offshore leads: Afternoon market insights

The Australian sharemarket resumed its upward march today, rising over half a percent despite negative leads from Wall Street and London.

At 2pm, the ASX200 rose 0.61% to 4509.3, while the broader All Ordinaries index added 0.60% to 4529.0.

The Australian dollar strengthened, buying $US1.0233

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