Reuters logo
Australia shares close higher for a 7th day, up 1.4 pct for week
August 22, 2014 / 6:21 AM / 3 years ago

Australia shares close higher for a 7th day, up 1.4 pct for week

(Updates to close)

SYDNEY, Aug 22 (Reuters) - Australian shares edged 0.1 percent higher on Friday, boosted by solid earnings from Santos Ltd which supported the energy sector, though gains were tempered as some stocks traded ex-dividend.

Santos jumped 3.9 percent to A$15.16, its highest since November 2013.

The S&P/ASX 200 index added 6.7 points to 5,645.6 at the close of trade, and gained 1.4 percent for the week, climbing for a second week. The benchmark posted its seventh consecutive session of gains, its longest such streak since mid-July.

New Zealand’s benchmark NZX 50 index added 0.3 percent, or 14.1 points to 5,167.0. (Reporting by Thuy Ong; Editing by Richard Borsuk)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below