You are here

Australia: Shares close near 7-yr peak, NZ stocks dip

AUSREUTERS0606.jpg

[SYDNEY] Australian shares edged up near seven-year highs on Monday, buoyed by gains in energy and mining sectors, though New Zealand shares went down on weakness in financials and utilities.

The S&P/ASX 200 index rose 11.2 points, or 0.2 per cent, at 5,888.7, a whisker away from Friday's 7-year peak of 5,893.5.

New Zealand's benchmark NZX 50 index eased 0.5 per cent or 28.2 points to finish the session at 5,758.24.

REUTERS