Reuters: Hot Stocks: Australia shares inch up, cautiously optimistic on US shutdown

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Australia shares inch up, cautiously optimistic on US shutdown Oct 2nd 2013, 06:23 Wed Oct 2, 2013 2:23am EDT SYDNEY Oct 2 (Reuters) - Australian shares edged 0.2 percent higher on Wednesday with investors cautiously optimistic the U.S. government shutdown would be short-lived, though a fall in metals prices and weak Australia trade data kept many sidelined. The S&P/ASX 200 index rose 8.8 points to 5,215.6, after slipping 0.2 percent in volatile trade on Tuesday. New Zealand's benchmark NZX 50 index rose 0.5 percent or 25 points to finish the session at 4,768.9. (Reporting by Thuy Ong; Editing by Eric Meijer)

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