Reuters: Hot Stocks: Australia shares end flat near 17-mth high

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 end flat near 17-mth high Dec 14th 2012, 05:26 Fri Dec 14, 2012 12:26am EST MELBOURNE Dec 14 (Reuters) - Australian shares ended flat, giving up most of the day's gains despite encouraging manufacturing data from China as investors remained cautious amid stalled U.S. talks to avert steep tax increases and spending cuts. Miners were only slightly shored up by the HSBC flash purchasing managers' index in China which rose to 50.9, a 14-month high and the 5th straight monthly gain, on the back of increases in new orders and jobs. The benchmark S&P/ASX 200 index picked up less than 1 point to end at 4,583.1 according to the latest data, not far off this week's intraday high and 17-month peak of 4,603.5. New Zealand's benchmark NZX 50 index rose 0.1 percent to 3,979.2.

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