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This is an archive article published on March 23, 2010

Australia shares gain 0.9 pct

Australian stocks resumed their upward climb on Tuesday,gaining for the fifth time in six sessions.

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Australian stocks resumed their upward climb on Tuesday,gaining for the fifth time in six sessions as financial firms benefited from fresh optimism about the global economic recovery.

The benchmark Samp;P/ASX 200 index rose 44.6 points or 0.9 per cent to 4,874.8,according to latest available data. The index snapped a four-day winning streak on Monday,falling 0.9 per cent.

New Zealand8217;s benchmark NZX 50 index finished down 0.2 per cent to 3,228.4.

 

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