Reuters: Hot Stocks: Australian shares inch up, investors await Rio Tinto results

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Australian shares inch up, investors await Rio Tinto results Feb 13th 2013, 23:20 Tweet Share this Email Print Wed Feb 13, 2013 6:20pm EST SYDNEY, Feb 14 (Reuters) - Australian shares inched up 0.1 percent in cautious trade on Thursday as investors awaited results from blue chip miner Rio Tinto, which could determine whether the market will continue its bull-run. Global iron ore miners BHP Billiton Ltd and Rio Tinto Ltd climbed 0.5 and 1 percent, respectively. Rio Tinto's results are expected after the closing bell. The benchmark S&P/ASX 200 index was 4.1 points higher at 5,007.8 at 2312 GMT. The benchmark on Wednesday posted its first close above 5,000, at 5,003.7 points, since the Lehman Brothers collapse in 2008. New Zealand's benchmark NZX 50 index was 0.3 percent higher, up 11.9 points to 4,233.3. (Reporting by Thuy Ong; Editing by Shri Navaratnam) 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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