Tuesday, February 26, 2013

Reuters: Hot Stocks: Australian shares rebound on Bernanke comments

Reuters: Hot Stocks
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Australian shares rebound on Bernanke comments
Feb 26th 2013, 23:19

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Tue Feb 26, 2013 6:19pm EST

  SYDNEY, Feb 27 (Reuters) - Australian shares rose 0.5  percent on Wednesday after Wall Street rebounded on comments by  Federal Reserve Chairman Ben Bernanke that reassured investors  the Fed would keep buying bonds, easing worries of an early end  to policy stimulus.       The benchmark S&P/ASX 200 index added 26.4 points  to 5,030 by 2312 GMT. The benchmark fell 1 percent on Tuesday.      New Zealand's benchmark NZX 50 index climbed 0.9  percent, or 37 points, to 4,275.9.     (Reporting by Thuy Ong; Editing by Eric Meijer)  

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