Australian Stock Market Report – Afternoon 2/18/2013

By Juliette Saly, CommSec Market Analyst

Local stocks have started the trading week on a positive note, boosted by hopes of good results during the busiest week of reporting seas. European markets were weaker on Friday while US markets closed flat. Locally, the All Ordinaries Index (XAO) added 28.3pts or 0.6pct to 5082.9pts, its highest level since September 8, 2008.

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