Reuters: Hot Stocks: Australia shares gain for 3rd straight week, hover at 5-yr highs

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

50% off Print Subscription of USA Today Get the news delivered to your doorstep. Lock in the savings and receive USA Today for just $0.75 a day. From our sponsors

Australia shares gain for 3rd straight week, hover at 5-yr highs Oct 25th 2013, 05:23 Fri Oct 25, 2013 1:23am EDT SYDNEY Oct 25 (Reuters) - Australian shares rose 0.3 percent on Friday to hold at five-year highs, lifted by big banks ahead of their earnings reports starting next Tuesday, which have had a stellar year on the back of generous dividend yields and record profits. The S&P/ASX 200 index added 13.4 points to 5,386.3, near a five-year high of 5,402.4 hit earlier in the week. The benchmark ended the week 1.2 percent higher, its third consecutive week of gains. Warrnambool Cheese and Butter Factory Company Holdings Ltd (WCB) jumped 3.3 percent to a record closing high of A$8.42, after Canada's Saputo Inc raised its takeover offer for the company. New Zealand's benchmark NZX 50 index rose 0.6 percent to 4,863.4 points. (Reporting by Maggie Lu Yueyang; Editing by Chris Gallagher)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions