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STOCKS - AUSTRALIAN SHARES OPEN HIGHER - JUNE 3, 2002.

AsiaPulse News

| June 03, 2002 | COPYRIGHT 2002 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 3 Asia Pulse - Australian share prices opened stronger this morning as buying in News Corp and Telstra balanced out weaker banks and resources.

The benchmark S&P/ASX 200 index was up 0.9 points at 3374.5 at 1015 AEST while the All Ordinaries gained 2.1 points to 3327.2.

On the Sydney Futures Exchange, the June share price index contract was up eight points at 3367.0 - a 7.5 point discount to the underlying index - on a volume of 2,559 contracts.

The open reflected mixed trading on Wall Street on Friday night, with the Dow Jones industrial average up 13.56 points, or 0.1 per cent, at 9,925.25, having ...

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Source: HighBeam Research, STOCKS - AUSTRALIAN SHARES OPEN HIGHER - JUNE 3, 2002.

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