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Australia stocks rise, with bank up ahead of rate decision
2015-03-02 02:29:09| Automakers - Topix.net
Australian stocks stacked up some fresh gains in early Monday trading, with the top banks and senior miners supporting the advance a day ahead of a Reserve Bank of Australia policy decision. The benchmark S&P/ASX 200 improved by 0.6%, with a Reuters report saying the gains -- which contrast with losses Friday on Wall Street -- may be due to "investors snap[ing] up stocks for their yield as expectations rise for another rate cut in Australia this week."
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australia
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Category:Automotive