Market ticks up as RBA leaves rates on hold: Afternoon market insights

The Australian sharemarket made modest gains today after the Reserve Bank decided to leave interest rates on hold.

At 2.40 pm, the ASX200 gained 0.45% to 4291.7, while the broader All Ordinaries index added 0.43% to 4311.2.

The Australian dollar strengthened further today, buying $US1.05855.

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