Reuters: Hot Stocks: Australia shares up 0.5 pct ahead of rate decision; miners weigh

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 up 0.5 pct ahead of rate decision; miners weigh Apr 1st 2013, 23:20 Tweet Share this Email Print Mon Apr 1, 2013 7:20pm EDT (Updates to open) SYDNEY, April 2 (Reuters) - Australian shares opened up 0.5 percent on Tuesday as investors returned from the Easter break looking for bargains after last week's dip, but miners were lower, pressured by worries about metals demand from China as iron ore prices fell 2 percent. Investors will focus on comments by the Reserve Bank of Australia, which holds a policy review on Tuesday. The central bank is expected to keep interest rates unchanged at a record low 3.0 percent, waiting for further evidence that past cuts are working to stimulate the economy. The S&P/ASX 200 index added 26.8 points to trade at 4,993.3 by 2311 GMT. The benchmark dropped 0.6 percent in the last trading day ahead of the Easter holidays. New Zealand's benchmark NZX 50 index fell 0.3 percent to 4,411.1 in early trade. (Reporting By Maggie Lu Yueyang; Editing by Chris Gallagher) 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.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions