Reuters logo
Australia shares close higher on banks, gold caps broader gains
May 28, 2014 / 6:16 AM / 3 years ago

Australia shares close higher on banks, gold caps broader gains

(Updates to close)

SYDNEY, May 28 (Reuters) - Australian shares added 0.3 percent on Wednesday, supported by another record-close for the S&P 500 and interest in banking stocks, though overall gains were capped by a slide in gold producers after bullion prices dropped overnight.

The S&P/ASX 200 index added 15.5 points to 5,527.2 at the close of trade. The benchmark finished a choppy session flat on Tuesday.

New Zealand’s benchmark NZX 50 index added 0.7 percent or 35.6 points to 5,181.5. (Reporting by Thuy Ong; Editing by Jeremy Laurence)

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