Sunday, October 20, 2013

Reuters: Hot Stocks: Australia shares close at 5-year peak, NZ at all-time high

Reuters: Hot Stocks
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Australia shares close at 5-year peak, NZ at all-time high
Oct 21st 2013, 05:19

Mon Oct 21, 2013 1:19am EDT

SYDNEY Oct 21 (Reuters) - Australian shares rose 0.6 percent on Monday to a five-year closing high, buoyed by news of improving economic growth in China and stronger-than-expected earnings results from some U.S. companies.

The S&P/ASX 200 index added 30.3 points to finish at 5,351.8, its highest close since June 19, 2008.

New Zealand's benchmark NZX 50 index climbed 0.9 percent to finish the session at an all-time high of 4,802.6. (Reporting by Thuy Ong; Editing by Chris Gallagher)

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