Reuters: Hot Stocks: Australia shares finish at two-month high, China PMI caps gains

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Australia shares finish at two-month high, China PMI caps gains Jul 24th 2013, 06:14 Wed Jul 24, 2013 2:14am EDT SYDNEY, July 24 (Reuters) - Australian shares ended at a two-month closing high on Wednesday, underpinned by the mining and financial sectors but signs of a further slowdown in China's manufacturing sector renewed concern about the strength of demand in Australia's largest export market, capping gains. The S&P/ASX 200 index finished the session 0.4 percent or 18 points higher to 5,035.1 after reaching an intraday high of 5,053.8. The benchmark rose 0.3 percent on Tuesday. New Zealand's benchmark NZX 50 index finished 0.4 percent higher to 4,599.2. (Reporting by Thuy Ong; Editing by Jeremy Laurence)

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