Australia shares post modest gain to close at six-year highs

Tue Jul 22, 2014 2:16am EDT

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SYDNEY, July 22 (Reuters) - Australian shares added 0.1 percent on Tuesday to close at six-year highs, as investors remained cautious over the escalating crises in Gaza and Ukraine, but gains in oil, gold and other metals helped buoy the market.

The S&P/ASX 200 index ticked 3.4 points higher to 5,543.3 at the close of trade. The benchmark added 0.2 percent on Monday to close at six-year highs.

New Zealand's benchmark NZX 50 index added 0.1 percent to 5,133.9. (Reporting by Thuy Ong; Editing by Eric Meijer)