AMP salvo fails to rattle rest.

Australasian Business Intelligence, February, 2003

Feb 26, 2003 (The Australian Financial Review - ABIX via COMTEX)

A better performance on Wall Street in the US was reflected by the Australian sharemarket on 26 February 2003. For the first time in four sessions the S&P/ASX 200 index closed higher, adding 27.9 points to end at 2,826.9. The All Ordinaries index finished 23.7 points up at 2,804.2. The value of trades dropped to $A1.9 billion from $A2.1 billion the previous day. Investors are waiting for significant announcements on 27 February. Telstra, Insurance Australia Group, Newcrest Mining, Toll Holdings and BHP Steel are all due to report. The banking sector, with the exception of ANZ Banking Group, recovered some ground during the session, while Telstra rose $A0.14 to end at $A4.18.

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