Reuters: Hot Stocks: Australia shares rise for 4th day to near 17-month 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 rise for 4th day to near 17-month high Dec 11th 2012, 23:29 Tweet Share this Email Print Tue Dec 11, 2012 6:29pm EST (Updates to open) CANBERRA, Dec 12 (Reuters) - Australian shares rose 0.4 percent in early trade on Wednesday on the back of Wall Street gains and higher iron ore prices, touching a nearly 17-month high, with investors also focusing on the U.S. Federal Reserve's policy meeting decision later in the day. The S&P/ASX 200 index rose 18.7 points to 4.595.1 as of 2321 GMT, extending gains into a fourth straight session. The benchmark climbed 0.4 percent to a seven-week high on Tuesday. New Zealand's benchmark NZX 50 index was down 0.5 percent at 4,007.7. Top miner BHP Billiton Ltd rose 1 percent after it said it would sell its interest in the Browse liquefied natural gas project to PetroChina International Investment (Australia) Pty Ltd for $1.63 billion. (Reporting By Maggie Lu Yueyang; Editing by Chris Gallagher) 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.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions