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Stock impact report

Australia shares end firmer on economic data boost; NZ slips [Reuters (UK)]

BHP Billiton (BHP)  More Company Research Source: Reuters
US:NYSE Investor Relations: bhp.com/investor-centre
PDF Australia shares end firmer on economic data boost; NZ slips - Reuters 3 Min Read * Healthcare stocks end at record peak * ‘Big Four’ banks drive financials higher * Energy stocks cap benchmark gains (Updates to close) By Nikhil Subba Dec 2 (Reuters) - Healthcare and financial stocks helped Australian shares end firmer on Monday, as investors cheered upbeat domestic home prices data and Chinese economic surveys, which indicated improving economic fundamentals at world’s leading nations. The S&P/ASX 200 index advanced 0.2% to 6,862.3 points, at the close of trade. The benchmark ended 0.3% lower on Friday. Domestically, Australian data showed cuts in interest rates were working to reignite house prices, which enjoyed their biggest monthly rise in 16 years in November. Prices were up 0.1% on a year-ago period, the first positive reading since April of last year. “Recent developments have certainty been more positive, with business and consumer confidence lifting, the housing market picki [Read more]
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