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Australia, NZ shares end higher, join global rally after Brexit shock

Published 30/06/2016, 05:01 pm
© Reuters.  Australia, NZ shares end higher, join global rally after Brexit shock
AXJO
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(Updates to close)

SYDNEY, June 30 (Reuters) - Australian shares rose 1.77 percent on Thursday and New Zealand stocks gained 1.37 percent, recovering in part from sharp falls that followed the UK's Brexit vote.

The S&P/ASX 200 index .AXJO added 91 points to 5,233.4 at the close of trade. The benchmark has now recouped two thirds of its 274.4 point fall in the wake of the vote, as markets around the world regain some of their losses.

New Zealand's benchmark S&P/NZX 50 index .NZ50 gained 1.37 percent, or 93.32 points, to finish the session at 6897.53.

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