Australia stocks rise ahead of RBA rate decision

Last Updated : Mar 02 2015 | 5:01 PM IST

The Australian share market advanced on Monday, 2 March 2015, with realty, financial, utilities and mining blue chips supporting the advance a day ahead of a Reserve Bank of Australia policy decision. The benchmark S&P/ASX 200 Index advanced 30.10 points, or 0.51%, to 5958.90, while the broader All Ordinaries Index was up 27.80 points, or 0.47%, to 5936.30. Market turnover was relatively thin, with 1.53 billion shares changing hands worth of A$3.99 billion. Rising stocks outnumbered declining ones, with total of 730 stocks up, while remaining 656 down.

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Australia stocks rise ahead of RBA rate decision