(Updates to close)
Sept 20 Australian shares nudged higher on
Tuesday, led by materials and financials, as investors awaited
outcomes from policy meetings of the Bank of Japan and the U.S.
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 percent, or 8.8
points, firmer at 5,303.60.
Mining giants BHP Billiton Ltd and Rio Tinto Ltd
rose 2.3 percent and 1.6 percent, respectively.
Retailer Woolworths Ltd extended gains to a
third-straight session to climb 1.1 percent.
New Zealand's benchmark S&P/NZX 50 index rose 0.4
percent, or 30.33 points, to 7,308.45.
Honey supplier Comvita Ltd was the biggest gainer
on the benchmark, jumping 3.1 percent to touch a more than
(Reporting by Shashwat Pradhan in Bengaluru; Editing by Biju