Reuters: Hot Stocks: Australian shares extend rally to 4.5-year highs

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

Australian shares extend rally to 4.5-year highs Feb 14th 2013, 05:36 Tweet Share this Email Print Thu Feb 14, 2013 12:36am EST MELBOURNE, Feb 14 (Reuters) - Australian shares rose 0.7 percent to their highest in four-and-a-half years on Thursday as miners rallied on expectations new Rio Tinto Chief Executive Sam Walsh could impress when the company reveals its full-year earnings later in the day. Gains in some banking stocks and others, such as Wesfarmers, also boosted the market. The benchmark S&P/ASX 200 index added 33 points to 5,036.9, according to the latest data, its best since September 2008. New Zealand's benchmark NZX 50 index rose 0.4 percent to 4,239.2. Rio Tinto was 2.3 percent higher at A$72.07 before the result, due at 0600 GMT. (Reporting by Miranda Maxwell; 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.

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