Market Wrap - 27/02/13, 5:15pm EST

27/02/2013 - Aus shares close 0.7 per cent higher. BHP Billiton Limited (ASX:BHP), Atlas Iron Limited (ASX:AGO) and Fortescue Metals Group Limited (ASX:FMG) lock down operations and evacuate staff as category 4 Cyclone Rusty bears down on the Pilbara Coast.