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>> AUSTRALIA Latest News

JAN 28, 2014 - MarketWatch

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Australia stocks rebound on miner, retail strength

LOS ANGELES (MarketWatch) -- Australian stocks bounced back from recent losses, as the S&P/ASX 200 rose 0.6% to 5,204.50 early Wednesday. Beleaguered mining shares helped lead the advance, with BHP Billiton Ltd. rising 1.1%, Rio Tinto Ltd. gaining 1.7%, and Fortescue Metals Group Ltd. up 2.2%. Shares of Evolution Mining Ltd. improved by 3.3% after the gold extractor affirmed its 2014 production outlook, and Atlas Iron Ltd. vaulted 9.1% higher as it raised its fiscal-year output forecast for iron ore. Retailers also advanced, with David Jones Ltd. gaining 2.1%, and Harvey Norman ... Read More

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