(Updates to close)
SYDNEY Feb 12 Australian shares rose 1.1
percent on Wednesday to hover at 3-week highs as Wall Street
picked up overnight.
Solid earnings from a handful of stocks helped buoy the
market, though a fall in index heavyweight CSL undercut some
The S&P/ASX 200 index gained 55.6 points to 5,310.1.
The benchmark rose 0.6 percent on Tuesday.
China, Australia's biggest export customer, reported
January trade data that zoomed past forecasts as import growth
hit a six-month high, confounding market notions that the
world's second-largest economy is in a deepening slowdown.
New Zealand's benchmark NZX 50 index added 0.4
percent to finish the session at 4,869.97.
(Reporting by Thuy Ong; Editing by Eric Meijer)