Aust stocks weaker at noon, News Corp down three pct

AAP General News (Australia)
12-16-2003
Aust stocks weaker at noon, News Corp down three pct

The Australian share market continued to slide at noon today after weak trade in the
US overnight.

The bourse was weaker across the board, led by News Corp which dropped more than three
per cent by 12.44pm (AEDT).

The benchmark S&P/ASX 200 index was down 26.7 points to 3,220.9 while the all ordinaries
index slipping 26.0 points to 3,226.0.

On the Sydney Futures Exchange, the December share price index contract lost 26 points
to 3,220 -- a 0.9 point discount to the underlying index -- on a volume of 52,682.

On Wall St overnight early gains made on news of SADDAM HUSSEIN'S capture could not
be sustained and all its major indices finished lower.





Stock Move Price

AMP - 5.770

ANZ Bank -0.150 17.260

BHPBilton -0.370 11.620

CBA -0.120 28.380

NAB -0.150 29.900

NewsCorp -0.400 11.650

Rio Tinto -0.610 35.780

TelstraCp -0.040 4.790

WestpacBk -0.090 15.520



INDEX MOVEMENT POSITION INDEX MOVEMENT POSITION
All Ords -26.0 3226.0 Dow Jones -19.34 10022.82
S&P/ASX200 -26.7 3220.9 S&P 500 -6.1 1068.04
SPI contract -26.0 3220.0 Nasdaq -30.74 1918.26
Gold $USoz +4.225 409.00 Nikkei -233.54 10257.23
$A/USD +.0043 0.7434 NZSE-50 -11.563 2395.373



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KEYWORD: AUST STOCKS NOON (MELBOURNE)

2003 AAP Information Services Pty Limited (AAP) or its Licensors.