Tuesday, December 22, 2015

Australia shares inch up, NZ stocks close to record high

12:56 PM

Australian shares nudged up 0.1 percent on Tuesday, buoyed by gains in industrials and healthcare stocks. The S&P/ASX 200 index rose to 5,116.7 at the close of trade in the fifth consecutive session of gains. The benchmark has rallied nearly 2 percent since touching a two-year trough last week.

New Zealand's benchmark NZX 50 index rallied 0.4 percent or 27.15 points to finish the session at 6,147.970, within striking distance of a record high of 6,162.97 touched earlier this month.

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