Reuters: Hot Stocks: Australia shares recover as Fed chief's comments bolster sentiment

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Australia shares recover as Fed chief's comments bolster sentiment Feb 27th 2013, 05:22 Tweet Share this Email Print Related Topics Basic Materials » Energy » Industrials » Wed Feb 27, 2013 12:22am EST (Updates to close) SYDNEY, Feb 27 (Reuters) - Australian shares recovered 0.7 percent on Wednesday, tracking a rebound on Wall Street, after the Federal Reserve Chairman Ben Bernanke defended the central bank's bond-buying programme. The S&P/ASX 200 index was 33 points higher according to the latest data. The benchmark lost 1 percent on Tuesday. New Zealand's benchmark NZX 50 index closed the session 0.9 percent or 37.4 points higher to 4,276.3. (Reporting by Thuy Ong; Editing by Sanjeev Miglani) Related Quotes and News Company Price Related News 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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