News Australian stocks gain; miners, banks lead

Australian stocks gain; miners, banks lead

Posted by Author on in News 49
Australian stocks gain; miners, banks lead

SYDNEY(MarketWatch) -- Australian shares rose in early Tuesday trading, with broad-based gains tracking positive offshore leads. The benchmark S&P/ASX 200 added 0.7% to 4,449.70, with financials supported after new capital rules issued by regulators to support the global banking system were less onerous than expected. Commonwealth Bank Ltd. added 0.9%, and the National Australia Bank Ltd. put on ...

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