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Post by bot on Sept 12, 2011 22:04:02 GMT -5
Australian stocks advance as resources rise LOS ANGELES (MarketWatch) -- Australian stocks rose early Tuesday, led by resource shares, as the market regained some lost ground after posting heavy losses Monday. The benchmark S&P/ASX 200 added 0.6% to 4,062.20, with a bounce in crude-oil futures overnight sending Origin Energy Ltd. up 2.4%, and Oil Search Ltd. higher by 1%. Miners also did well, with BHP Billiton Ltd. adding 1.2%, Rio Tinto Ltd. climbing 1.1%, and Fortescue Metals Group Ltd. up 1.9%.
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