Australia shares rise on strong mining, energy sectors; NZ subdued

April 8, 2015 2:52 AM

56 0

SYDNEY/WELLINGTON, April 8 (Reuters) - Australian shares rose on Wednesday as higher oil prices helped shore up the energy sector, while steadier iron ore prices prompted some investors to buy recently battered miners.

Bank shares, however, were mostly softer with the market still struggling to get over its disappointment that the central bank did not cut interest rates on Tuesday.

Also read: Australia shares likely to inch higher, NZ up

Read more

To category page