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Aust stocks opens almost 3 pc higher, follows Wall St


15 Dec 2008 10:45 AM

The Australian sharemarket has opened almost three per cent higher today after gains on Wall Street on Friday.

At 10.15am (AEDT) the benchmark S&P/ASX200 index was up 94.2 points or 2.68 per cent .. to 3,604.6 .. while the broader All Ordinaries index had risen 90 points or 2.61 per cent .. to 3,542.5.

On the Sydney Futures Exchange .. the December share price index contract was 84 points higher at 3,621 with 14,286 contracts changing hands.

Miners BHP Billiton and Rio Tinto were all higher .. along with the big banks.

Stock Move Price

AMP +0.150 5.200

ANZ Bank +0.350 14.910

BHPBilton +1.680 30.500

CBA +0.430 28.580

NAB +0.550 19.650

NewsCorp +0.270 12.970

Polartech +0.010 .140

Rio Tinto +3.760 39.970

TelstraCp -0.230 3.900

WestpacBk +0.400 16.430

Woolwrths +0.650 25.650