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-------------------------------------------------------------- This story was printed from ZDNet Australia. --------------------------------------------------------------
ASX stays afloat amid US crisis

By Megan McAuliffe, ZDNet Australia
September 12, 2001
URL: http://www.zdnet.com.au/news/business/soa/ASX-stays-afloat-amid-US-crisis/0,139023166,120260017,00.htm


The Australian Stock Exchange will trade as normal today, despite the attack on the World Trade Centre in the United States, which has bought the New York Stock exchange to a standstill.

The ASX said it has no plans of suspending the Australian market at this stage, however, a spokesperson for the company said it could not predict what would occur over the next few days.

-Obviously there is a lot of emotion in the market at present but there are no technical impediments to normal operations," the spokesperson said.

The New York Stock Exchange was bought to a halt amid the recent terrorist attacks on the World Trade Centre.

The ASX said the effects on US trading has had limited impact on the Australian market, although the spokesperson said it will be closely monitored for changes.

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