Australia stocks up for third straight day

The Australian share market advanced for third straight day on Wednesday, 25 February 2015, as a positive lead from the Wall Street overnight helping to overcome a bit of earnings-related weakness. The benchmark S&P/ASX 200 Index rose 0.3% to 5944.90 points, its highest close since May 2008, while the broader All Ordinaries Index was up 0.32% to 5908.60 points. Market turnover was relatively healthy, with 1.78 billion shares changing hands worth of A$5.25 billion.

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