Australian Stocks Near Five-Month High

A visitor to the Australian Securities Exchange (ASX) looks at share prices on a big screen in Sydney on Oct. 11, 2018. Peter Parks/AFP via Getty Images

The local share market has jumped to a six-day high and is close to its best level in five and a half months.

The benchmark S&P/ASX200 index was up 35 points to 7174.3 at noon AEDT on Tuesday, a rise of 0.49 percent. The broader All Ordinaries was up 32.8 points to 7367.9, a 0.45 percent rise.