Australian Market Report of February 17: Gained on Encouraging Westpac Earnings

  Sydney, Australia, Feb 17, 2010 - (ABN Newswire) - The Australian sharemarket closed higher Tuesday. Financial stocks were boosted as Westpac's strong earnings result provided a positive sign for the banking sector and Australia's economy. The benchmark S & amp;P/ASX200 index was up 22.3 points, or 0.5 per cent, at 4567.8, while the broader All Ordinaries index gained 20.4 points, or 0.4 per cent, to 4590.8.  

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