Australia shares buoyed by healththcare, energy; NZ up [Reuters (UK)]
WOODSIDE PETROL LTD S/ADR (WOPEY)
NASDAQ:AMEX Investor Relations:
woodside.com.au/investors-media/announcements/pages/announcements-currentyear.aspx
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Source: Reuters
Australia shares buoyed by healththcare, energy; NZ up - Reuters 3 Min Read * Healthcare stocks lift Aussie benchmark * ANZ caps gains among financials * Miners hurt by dip in iron ore prices (Updates to close) By Nikhil Subba Nov 11 (Reuters) - Australian shares edged higher on Monday, helped by index heavyweight CSL Group’s rise to a record high, following a broker upgrade, and Woodside Petroleum’s climb to a three-month peak. The S&P/ASX 200 index ended 0.7% firmer at 6,772.50. The benchmark finished marginally lower on Friday. Brokerage UBS upgraded drugmaker CSL, one of Australia’s biggest companies by market value, to buy’ from ‘neutral’ and raised its price target to $295 from $265, citing improving margins. “With CSL having embarked on plasma centre expansion well in advance of peers, we believe the company will continue to collect and grow ahead of market,” UBS analyst Saul Hadassin said in a note to clients. CSL’s near 4% rise helped the Australian healthcare index advance a
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