Monday, July 22, 2013

Reuters: Hot Stocks: Australia shares rise on Chinese demand but caution ahead of earnings

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 rise on Chinese demand but caution ahead of earnings
Jul 23rd 2013, 06:15

Tue Jul 23, 2013 2:15am EDT

SYDNEY, July 23 (Reuters) - Australian shares rose 0.3 percent on Tuesday, buoyed by financial and mining stocks riding on healthy Chinese demand, though gains were restricted by investors' caution ahead of the reporting season.

The S&P/ASX 200 index finished the session 15.2 points higher at 5,017.1. The benchmark rose 0.6 percent on Monday. New Zealand's benchmark NZX 50 index rose 0.6 percent or 26.6 points to 4,580.6. (Reporting by Thuy Ong; Editing by Jeremy Laurence)

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