Australia stocks advance for second straight day

The Australian share market advanced for second straight day on Tuesday, 24 February 2015, as investors breathed a collective sigh of relief after Greece secured a four month extension to its bailout agreement. Meanwhile, investor sentiment also received a boost from upbeat earnings results from BHP Billiton and QBE Insurance Group. The benchmark S&P/ASX 200 Index rose 0.32 per cent to 5927 points, its highest close since May 2008, while the broader All Ordinaries Index was up 0.3 per cent to 5890 points. Market turnover was relatively healthy, with 1.72 billion shares changing hands worth of A$5.34 billion.

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