Reuters: Hot Stocks: Australia shares rally, miners strong

Reuters: Hot Stocks Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Australia shares rally, miners strong Nov 20th 2012, 05:20 SYDNEY | Tue Nov 20, 2012 12:20am EST SYDNEY Nov 20 (Reuters) - Australian shares rallied 0.6 percent on Tuesday, supported by miners as investor sentiment was bolstered by encouraging U.S. housing data and hopes for a compromise on the country's fiscal crisis. Bellwether miners BHP Billiton Ltd and Rio Tinto Ltd climbed 1.1 percent and 1.4 percent respectively. The benchmark S&P/ASX 200 index ended 24.3 points higher at 4,385.7 according to the latest data. The index also rose 0.6 percent on Monday. New Zealand's benchmark NZX 50 index added 0.8 percent, or 30.4 points to 3,973. (Reporting by Thuy Ong; Editing by Richard Pullin)

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