Australia shares rise 0.6 pct, banks gain after ANZ posts strong earnings

Tue Feb 11, 2014 12:25am EST

(Updates to close)

SYDNEY Feb 11 (Reuters) - Australian shares rose 0.6 percent on Tuesday, spurred by gains in heavyweight banking stocks after Australia and New Zealand Banking Group reported solid earnings, with investors awaiting the first congressional testimony by new U.S. Federal Reserve chief Janet Yellen.

The S&P/ASX 200 index added 32.4 points to 5,254.5, marking its fourth consecutive session of gains and hovering at 2-week highs. The benchmark rose 1.1 percent on Monday.

The ASX trading was disrupted in the afternoon for about 30 minutes, due to a technical glitch.

New Zealand's benchmark NZX 50 index rose 0.3 percent to 4,848.9.

(Reporting by Maggie Lu Yueyang; Editing by Shri Navaratnam)