Australia: Shares rise a 6th straight day, NZ closes at record high
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[SYDNEY] Australian shares rose for a sixth straight session on Wednesday, adding 0.5 per cent in thin pre-holiday trade, helped by gains in resources, energy and banking counters.
The S&P/ASX 200 index added 25.11 points to 5,141.80 at the close.
The index has not had a "Santa Claus rally", continuing its negative run from November. It is down 0.4 per cent in December, a far cry from gains of 0.6-3.2 per cent for the month in the past three years.
New Zealand's benchmark S&P/NZX 50 index climbed 0.8 per cent or 47.37 points to a record close of 6,195.34. During the day, it touched an all-time high of 6,212.34.
REUTERS
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