Reuters: Hot Stocks: Australia shares close at 5-year high on Wall St; NZ at all-time high

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Australia shares close at 5-year high on Wall St; NZ at all-time high Sep 27th 2013, 06:32 Fri Sep 27, 2013 2:32am EDT SYDNEY, Sept 27 (Reuters) - Australian shares closed 0.2 percent higher on Friday, topping five-year highs hit in the previous week, after Wall Street broke a five-day losing streak but investor caution ahead of looming U.S. fiscal deadlines kept gains in check. The S&P/ASX 200 index rose 12.7 points to 5,307.1 surpassing the year-to-date intraday high of 5,300.1 points hit on September 19. The benchmark rose 0.6 percent for the week, a seventh consecutive week of gains. New Zealand's benchmark NZX 50 index rose 0.4 percent to finish the session at an all-time closing high of 4,782.7 points. (Reporting by Thuy Ong; Editing by Miral Fahmy)

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