Reuters: Hot Stocks: Australia shares edge up to 7-week high, miners firm

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 edge up to 7-week high, miners firm Dec 10th 2012, 23:24 Mon Dec 10, 2012 6:24pm EST MELBOURNE Dec 11 (Reuters) - Australian shares climbed 0.3 percent to a seven-week high in early Tuesday trade, boosted by higher prices for base metals, gold and oil as well as hopes of fresh economic stimulus from the U.S. Federal Reserve this week. The resource sector led gains, with top miners BHP Billiton and Rio Tinto advancing 1.2 percent and 1.5 percent respectively. The benchmark S&P/ASX 200 index rose 13.2 points to 3,571.1 at 2313 GMT, its highest intraday level since Oct. 19. The benchmark rose 0.1 percent on Monday. New Zealand's benchmark NZX 50 index fell 3.7 points to 4,027. (Reporting by Victoria Thieberger; Editing by Edwina Gibbs)

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