Australia shares at 9-mth high close; banks lead
Published: 02 Aug 2009 22:22:37 PSTMELBOURNE, Aug 3 - Australian stocks ended 0.5 percent higher on Monday, boosted by the big banks following broker upgrades, which extended a strong run from July when the market logged its biggest monthly gain in nine years.
The benchmark S&P/ASX 200 index <.AXJO> rose 19.4 points to close at 4,263.4, it highest close since Nov 5.
New Zealand's benchmark NZX 50 index <.NZ50> gained 31.6 points, or 1 percent, to finish at 3,047.8. ($1=1.197 Australian Dollar)
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