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STOCKS - AUSTRALIAN INDEX OPENS HIGHER - FEB 1, 2007.
SYDNEY, Feb 1 Asia Pulse - The Australian share market has opened stronger, buoyed by Wall Street and higher base metals prices.
At 1015 AEDT, the benchmark S&P/ASX200 was up 41.6 points to 5,815, while the all ordinaries index gained 40.2 points at 5,797.9.
On the Sydney Futures Exchange, the March share price index contract was trading up 42 points at 5,784 on a volume of 3,750 contracts.
Austock Brokers senior client adviser Michael Heffernan said the bourse had opened with great gusto, primed by the US lead.
"We came in with great gusto out of the gates, and the major movers are the resources again," Mr Heffernan said.
He said mining giants BHP Billiton and Rio Tinto had bounced back from a period of sluggishness in the last day, rising more than one per cent, with oil major Woodside Petroleum following them up.
"So you've got a trifecta ...
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