Article: STOCK - AUSTRALIAN SHARE MARKET CLOSES HIGHER - AUG 26, 2009.

SYDNEY, Aug 26 Asia Pulse - The Australian share market has closed one per cent higher, led by Westfield and other property companies, following a strong lead from the US overnight and well received company reports locally.

At the 1615 AEST close, the benchmark S&P/ASX200 index was up 48.7 points, or 1.11 per cent, at 4454.5, close to the 10-month high 4465.1 close on August 14.

The broader All Ordinaries index gained 46.9 points, or 1.06 per cent, to 4464.4.

On the Sydney Futures Exchange, the September share price index contract was 43 points higher at 4438 on a volume of 24,399 contracts.

"Today, we are continuing to follow the ...

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