Reuters: Hot Stocks: Australian shares rise, banks lead after Wall Street's record close

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, banks lead after Wall Street's record close Apr 11th 2013, 00:18 Wed Apr 10, 2013 8:18pm EDT SYDNEY, April 11 (Reuters) - Australian shares rose 0.6 percent on Thursday, led by the financial sector as investor sentiment was buoyed by the Dow Jones Industrial Average and the S&P 500 marking historical highs overnight. In the banking sector, Westpac Banking Corp rallied 1.2 percent while top lender the Commonwealth Bank of Australia climbed 1 percent. The benchmark S&P/ASX 200 index advanced 28.2 points to 4,996.2 by 0012. The index fell 0.2 percent on Wednesday. New Zealand's benchmark NZX 50 index rose 0.4 percent or 17.3 points to 4,437.3. (Reporting by Thuy Ong; Editing by Shri Navaratnam)

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