Australia shares eke out modest gain on U.S debt relief
(Updates to close)
SYDNEY Oct 17 (Reuters) - Banking stocks led a modest rise in Australian shares on Thursday as investors breathed a sigh of relief after the U.S. Congress approved a deal to break a fiscal impasse that had brought the world's biggest economy to the brink of a debt default.
The S&P/ASX 200 index rose 0.4 percent to 5,283.1 points.
New Zealand's benchmark NZX 50 index rose 0.4 percent to finish the session at 4,776.0. (Reporting by Thuy Ong; Editing by Kim Coghill)
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