Australian Market Report of February 3: Encouraged by Positive Earnings
Australian stocks rose Wednesday following encouraging earnings result from media group News Corp. At the close, the benchmark S&P/ASX200 index gained 42.6 points, or 0.9 per cent, at 4647.9, while the broader All Ordinaries index rose 44.4 points, or 1 per cent, to 4673.2.