Australia's ASX 200 recovers on Wednesday - News - Dukascopy Bank

Wed, 25 Jan 2012 16:19:19 GMT
Source: Dukascopy Bank
 
© Scanpix/Reuters
Australian S&P/ASX 200 index rallied on Wednesday, inspired by Apple profits and positive Euro Zone economic statistics. Australian benchmark index gained 1.12% or 47.10 points and closed at 4,271.30, supported by the financial and property stocks on the upside. Westpac Banking Corp. climbed 3.5%, Commonwealth Bank of Australia surged 2.4% and National Australia Bank Ltd. improved by 2%. Real estate companies Westfield Group Australia and CFS Retail Property Trust added 2.8% and 1.5% respectively. 


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