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STOCKS - AUSTRALIAN STOCKS OPEN HIGHER - FEB 1, 2006.

AsiaPulse News

| February 01, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, Feb 1 Asia Pulse - The Australian stock market has opened stronger despite a weak overnight lead from Wall Street.

At 1015 AEDT the benchmark S&P/ASX200 was 24.2 points stronger at 4953.8, while the all ordinaries was up 22.2 points to 4902.4.

On the Sydney Futures Exchange, the March share price index contract rose seven points to 4931 on a volume of 4,448 contracts.

US stocks ended lower as investor sentiment cooled on concerns the US Federal Reserve ...

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