Reuters: Hot Stocks: Australia shares hit fresh 5-year closing high; Fed eyed

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Australia shares hit fresh 5-year closing high; Fed eyed Sep 17th 2013, 06:26 Tue Sep 17, 2013 2:26am EDT SYDNEY, Sept 17 (Reuters) - Australian shares rose 0.1 percent on Tuesday to a fresh five-year closing high as a dovish tone from the central bank bolstered investor sentiment, although activity was tempered ahead of a U.S. Federal Reserve meeting that is expected to approve a tapering of its stimulus. The S&P/ASX 200 index finished 3.2 points higher at 5,251.2, its highest close since June 26, 2008. New Zealand's benchmark NZX 50 index added 0.1 percent or 4.4 points to 4,698.0, a new record closing high. (Reporting by Thuy Ong; Editing by Chris Gallagher)

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