Reuters: Hot Stocks: Australia shares rise on bargain hunting, trade muted on Fed uncertainty

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

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Australia shares rise on bargain hunting, trade muted on Fed uncertainty Sep 25th 2013, 06:16 Wed Sep 25, 2013 2:16am EDT SYDNEY, Sept 25 (Reuters) - Australian shares rose 0.8 percent on Wednesday to edge towards five-year highs as investors hunted for bargains after three days of losses. Trading levels were subdued amid uncertainty over the U.S. Federal Reserve's intentions for reducing its stimulus. The S&P/ASX 200 index added 41.7 points to 5,275.9. New Zealand's benchmark NZX 50 index rallied 1.1 percent or 54.1 points to finish at an all-time high of 4,764.7. (Reporting by Thuy Ong; Editing by Richard Borsuk)

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