Australia shares rise 1.9 pct; banks, miners lead - News

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Australia shares rise 1.9 pct; banks, miners lead

By: AFX | 06 Nov 2009 | 12:35 AM ET

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MELBOURNE, Nov 6 (Reuters) - Australian stocks advanced 1.1 percent on Friday, boosted by an upgrade to growth forecasts by the central bank and better economic news that sparked a rally on Wall Street. The benchmark S&P/ASX index rose 86 points to 4,594.0. For the week, the index was down 1.1 percent. New Zealand's benchmark NZX 50 index rose 0.5 percent to 3,160.1. (Reporting by Victoria Thieberger; editing by Jonathan Standing) ((victoria.thieberger@reuters.com; +61 3 9286 1421; Reuters Messaging: victoria.thieberger.reuters.com@reuters.net)) DIARIES & DATA: IPO diary & data Asia earnings diary U.S. earnings diary European diary Australia diary Wall Street Week Ahead Eurostocks Week Ahead ................................................................ For latest top breaking news across all markets ................................................................ TOP NEWS SUMMARIES ON OTHER SUBJECTS | U.S. Companies | European Companies | | Forex | Global Economy | | Tech.Media,Telecoms | Banking, Financials | | Politics & General | Sports | ................................................................ MAJOR STOCK MARKET REPORTS New York Weekly outlook New York Pan-Europe Weekly outlook Europe London Weekly outlook London Tokyo ................................................................ ASIA STOCK MARKETS Pan-Asia...................... Bangkok...... Karachi........ S/east Asia. Bombay....... Kuala Lumpur... Sydney/NZ... China........ Seoul.......... Taipei...... Hong Kong.... Singapore...... Tokyo........ ................................................................

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