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STOCKS - AUSTRALIAN SHARES OPEN HIGHER - NOV 1, 2006.

AsiaPulse News

| November 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

MELBOURNE, Nov 1 Asia Pulse - Australian stocks have started the day on a high note, bucking a fall in the US overnight as disappointing consumer confidence overshadowed positive corporate earnings.

At 1015 AEDT the benchmark S&P/ASX200 index was 25.6 points higher at 5410, while the all ordinaries rose 23.8 points to 5376.7.

On the Sydney Futures Exchange, the December share price index contract also gained 43 points at 5404, on a volume of 4,908 contracts.

US stocks fell on Tuesday, disappointing consumer confidence data overshadowing good corporate earnings reports, while a stock upgrade for Dell Inc helped the technology sector.

The ...

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