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Australia shares end 0.7 percent higher, led by banks

Published 16/10/2015, 05:07 pm
© Reuters. Australia shares end 0.7 percent higher, led by banks
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SYDNEY, Oct 16 (Reuters) - Australian shares ended up 0.7 percent on Friday as investors bought banks after a recent sell-off but the index came off a seven-week high during the day on losses in major miners. urn:newsml:reuters.com:*:nL3N12G00G

The S&P/ASX 200 index .AXJO finished 38.16 points higher to 5,268.2. The benchmark rose 0.6 percent on Thursday.

Despite Friday's gains, the index ended the week 0.2 percent lower.

New Zealand's benchmark NZX 50 index .NZ50 rose 0.77 percent or 44.3 points to finish the session at 5,820.01.

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