AUSTRALIAN STOCKS ON HOLD: Here's what you need to know

Circus Oz performers Lachlan Sukroo and Mitch Jones during the Sydney Festival 2018 Program Launch. Don Arnold/WireImage

Australian stocks closed marginally higher.

Today’s scoreboard:

  • ASX 200: 5,905.60 +7.99 +0.14%
  • All Ordinaries: 5,972.70 +10.19 +0.17%
  • AUD/USD: 0.7721 -0.0055 -0.71%

The local market again drifted to a flat close, its nose just in positive territory and the ASX200 still holding above the key 5900 mark.

BHP was up 1% to $26.82 and Rio Tinto 0.3% to $69.64. The banks were mixed the NAB 0.5% higher at $32.65 and Westpac 0.15% to $33.34.

Starpharma was up 4.4% to $1.40 after getting approval from the Therapeutic Goods Administration for its anti-bacterial VivaGel product.

Property group Stockland was up 3% to $4.47 after a strong first quarter update.

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