ASX stays afloat amid US crisis

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.

Advertisement

Talkback 1 comments

    Please encourage the ASX and m ...Anonymous -- 12/09/01

    Please encourage the ASX and media to keep a positive outlook on the future. Keep up the positive thinking, that is the best way to avoid a financial crash!
    Thank you,

Latest Videos

Sponsored content

Power Centre - Content from our premier sponsors

Blogs

  • Suzanne Tindal Sick of broken tender sites
    Some of the state governments desperately need to invest in more user-friendly tender sites so that looking for information on government tenders doesn't have to be a game of blind man's bluff.
  • Array Cyberwar: What is it good for?
    In this week's episode, Cyberwar. What is Australia's place in the world of digital warfare? What are the implications for the NBN?
  • Array Is wholesale-only backhaul just a pipedream?
    The potential acquisition of Pipe Networks by SP Telemedia has raised the question about whether vertically integrated backhaul providers will mean higher wholesale prices for ISP customers.
  • More blogs »

Tags

Back to top

Featured