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Australia shares recover on Wall St optimism, rise 0.6 pct
January 15, 2014 / 5:22 AM / 4 years ago

Australia shares recover on Wall St optimism, rise 0.6 pct

(Updates to close)

SYDNEY, Jan 15 (Reuters) - Australian shares closed 0.6 percent higher on Wednesday, recovering from the previous session’s rout as investors took heart from how better-than-expected U.S. retail figures helped spark gains on Wall Street overnight.

The S&P/ASX 200 index added 33.4 points to 5,245.4, its biggest one-day gain in three weeks. The benchmark lost 1.5 percent on Tuesday.

New Zealand’s benchmark NZX 50 index climbed 1 percent to finish at 4,913.0, a near two-month high. (Reporting by Thuy Ong; Editing by Richard Borsuk)

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