Reuters: Hot Stocks: Australia shares rally, banks firm

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, banks firm Mar 15th 2013, 05:20 Fri Mar 15, 2013 1:20am EDT SYDNEY, March 15 (Reuters) - Australian shares rose 1.8 percent on Friday, led by financial stocks after the Dow Jones average extended its run of record highs and miners rebounded from early losses. Westpac Banking Corp surged 2.5 percent to lead big bank stocks higher. The S&P/ASX 200 index was 88 points higher to close at 5,120.2, but slipped 0.06 percent for the week. New Zealand's benchmark NZX 50 index rose 0.1 percent, trimming early gains to finish the session at 4,387.1 points. (Reporting by Maggie Lu Yueyang; Editing by Eric Meijer)

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