Australian shares nudge higher

Dhaka,  Monday,   2016-09-20
Published : 20 Sep 2016, 13:35:11

Australian shares nudge higher

Australian shares nudge higher
Australian shares nudged higher on Tuesday as investors awaited outcomes from policy meetings of the Bank of Japan and the US Federal Reserve that conclude on Wednesday.

Reserve Bank of Australia has hinted at a stable outlook for interest rates, having already cut twice this year.

The S&P/ASX 200 index finished 0.2 per cent, or 8.8 points, firmer at 5,303.60.

Mining giants BHP Billiton Ltd and Rio Tinto Ltd rose 2.3 per cent and 1.6 per cent, respectively.

Retailer Woolworths Ltd extended gains to a third-straight session to climb 1.1 per cent, according to a news agency report.

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