Reuters: Hot Stocks: Australia shares at 4,600, just shy of 17-mth high

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Australia shares at 4,600, just shy of 17-mth high Dec 17th 2012, 23:23 Tweet Share this Email Print Mon Dec 17, 2012 6:23pm EST (Updates with opening levels) MELBOURNE, Dec 18 (Reuters) - Australian shares climbed 0.6 percent in early trade on Tuesday to 4,600, propelled by a rise in iron ore prices and by gains on Wall Street on renewed optimism that a deal to avert the U.S. 'fiscal cliff' will soon be reached. Top miners led the gains, with Rio Tinto up 1.4 percent. The benchmark S&P/ASX 200 index gained 27.3 points to 4,600.7 at 2312 GMT, just shy of last week's 17-month high of 4,603. The benchmark ended down slightly on Monday. New Zealand's benchmark NZX 50 index was down 2 points at 3,964.4. (Reporting by Victoria Thieberger; Editing by Edwina Gibbs) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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