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STOCKS - AUSTRALIAN SHARES OPEN LOWER - JUNE 1, 2004.

AsiaPulse News

| June 01, 2004 | COPYRIGHT 2004 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, June 1 Asia Pulse - The Australian stock market drifted off fractionally at the open today without a lead from the holidaying United States market.

At 1015 AEST the benchmark S&P/ASX 200 index was 1.6 points lower at 3458.8 and the all ordinaries index moved down 0.2 points to 3456.7.

On the Sydney Futures Exchange, the June share price index contract was five points lower at 3457 - a 1.8 point discount to the underlying index - on volume of 2,182 contracts.

Macquarie Equities private client adviser Helen ...

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