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STOCKS - AUSTRALIAN STOCKS OPEN SOFTER - APRIL 1, 2003.

AsiaPulse News

| April 01, 2003 | COPYRIGHT 2003 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, April 1 Asia Pulse - The Australian stock market was weaker at the open, amid continuing doubts about the progress of war in Iraq and a fall in AMP.

The benchmark S&P/ASX 200 index was 12.5 points lower at 2872.7 by 1020 AEST, and the all ordinaries index also dipped 12.5 points to 2836.1.

On the Sydney Futures Exchange, the June share price index contract was 20 points lower at 2882.0 - a 9.3 point premium to the underlying index - on a volume of 3,107 contracts.

AMP, which traded ex-dividend, plunged 23 cents or 3.3 per cent to $6.79.

In February, the financial services giant declared a 20-cent final ...

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