Reuters: Hot Stocks: Australian shares rise as blue chips follow Wall St lead

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 rise as blue chips follow Wall St lead Mar 26th 2013, 23:19 Tue Mar 26, 2013 7:19pm EDT SYDNEY, March 27 (Reuters) - Australian shares gained 0.6 percent on Wednesday led by blue chip miners and financials on strong resource prices and after the Dow Jones Industrial Average posted a record high. Global iron ore miners BHP Billiton Ltd and Rio Tinto Ltd both climbed 1 percent. Banks all gained, lead by Westpac Banking Corp which added 0.6 percent. The benchmark S&P/ASX 200 index rose 27.1 points to trade at 4,977.3 by 2310 GMT. It fell 0.8 percent on Tuesday, its lowest close since February 7. New Zealand's benchmark NZX 50 index rose 0.6 percent or 27.9 points to 4,373.9. (Reporting by Thuy Ong; Editing by Stephen Coates)

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