Wednesday, February 27, 2013

Reuters: Hot Stocks: Australian shares rise; sentiment boosted by U.S. Fed comments

Reuters: Hot Stocks
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Australian shares rise; sentiment boosted by U.S. Fed comments
Feb 27th 2013, 23:16

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Wed Feb 27, 2013 6:16pm EST

  SYDNEY, Feb 28 (Reuters) - Australian shares rose 0.9  percent on Thursday, led by financials, as investor sentiment  was boosted by strong gains on Wall Street after U.S. Federal  Reserve Chairman Ben Bernanke made it clear there was no  intention to end policy stimulus earlier than expected.      Westpac Banking Corp climbed 1.5 percent.      The benchmark S&P/ASX 200 index was 47.8 points  higher at 5,084.4 as of 2310 GMT. The benchmark rose 0.7 percent  on Wednesday.      New Zealand's benchmark NZX 50 index rose 0.5  percent, or 20.7 points, to 4,297.     (Reporting by Thuy Ong; Editing by Chris Gallagher)  

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