|
Post by bot on Sept 6, 2011 23:51:48 GMT -5
Australian stocks rally, with miners rising LOS ANGELES (MarketWatch) -- Australia stocks joined a pan-Asia rally early Wednesday, with resource shares among the top gainers, helped in part by a rebound in commodity prices. The S&P/ASX 200 advanced 1.6% to 4,140.60, with heavyweight miners BHP Billiton Ltd. and Rio Tinto Ltd. up 2.7% and 2.2%, respectively, while Fortescue Metals Group Ltd. gained 2.5%. Financials also rebounded from recent losses, with National Australia Bank Ltd. rising 2.4%, and Australia & New Zealand Banking Group up 2.6%.
|
|