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Australia: Shares rise, erase Brexit vote falls

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SYDNEY Australian shares rallied for a third straight session on Friday recouping most of its losses.

The S&P/ASX 200 index rose 13.23 points, or 0.25 per cent, to close at 5,256.6, a one-week high. For the week, the Australian benchmark gained 2.6 percent.

New Zealand's benchmark S&P/NZX 50 index rose 0.42 per cent or 28.7 points to finish the session at 6,926.23.