Friday, September 9, 2011

ASX 200 opens slightly higher on US weak lead

The Australian share market opened higher despite a weak lead from Wall Street, after US President Barack Obama delivered a $US447 billion ($A423.06 billion) plan to Congress to stimulate the American economy and jobs growth.
At 1017 AEST the benchmark S&P/ASX200 index was up 19.5 points, or 0.47 per cent, at 4,207.5 points, while the broader All Ordinaries index rose 17.9 points, or 0.42 per cent, to 4,287.7 points.

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