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Aussie share market slightly higher at open

Xinhua, September 23, 2016 Adjust font size:

The Australian share market opened on Friday slightly higher, taking cues from steady gains on Wall Street a day after the U.S. Federal Reserve's decision to hold interest rates.

At the open, the benchmark S&P/ASX200 index was up 9.0 points, or 0.16 percent, at 5,383.50 while the broader All Ordinaries index was 8.4 points, or 0.15 percent, at 5,474.70 points.

At the open, ANZ gained 0.33 percent, the National Australia Bank rose 0.15 percent, the Commonwealth Bank of Australia was down 0.01 percent while Westpac was unchanged.

BHP Billiton advanced 0.19 percent, rival Rio Tinto climbed 3.25 percent, while gold miner Newcrest surged 6.88 percent.

Oil Search was 1.11 percent higher, Santos increased 2.79 percent and Woodside Petroleum rallied 2.13 percent.

Woolworths fell 0.04 percent while rival Wesfarmers was up 0.11 percent.

Qantas soared 0.32 percent and telecom giant Telstra was 0.79 percent higher at Friday's open. Endit