Reuters: Hot Stocks: Australia shares rally, Westpac at all time high

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

Australia shares rally, Westpac at all time high Mar 6th 2013, 05:29 Tweet Share this Email Print Related Topics Basic Materials » Energy » Industrials » Wed Mar 6, 2013 12:29am EST (Updates to close) SYDNEY, Mar 6 (Reuters) - Australian shares rallied 0.8 percent on Wednesday to a 4 1/2 year high as data showing the economy grew faster than its peers in the rich world in a 21-year run of expansion boosted sentiment. A record closing on Wall Street and steady growth in China, the country's top export destination, also encouraged investors. The S&P/ASX 200 index was 41.4 points higher according to the latest data. The benchmark rallied 1.3 percent on Wednesday. Westpac Banking Corp led the index higher, climbing 1.3 percent to reach an all-time high of A$31.66. New Zealand's benchmark NZX 50 index closed the session 0.7 percent or 28.8 points higher to 4,298. (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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