(Updates to close)
Sept 22 Australian shares advanced for a third
straight session on Thursday, boosted by mining stocks, after
the U.S. Federal Reserve left interest rates unchanged, hurting
the dollar and lifting commodity prices.
The Reserve Bank of Australia governor Philip Lowe gave an
optimistic assessment of the economy in his first public
appearance on Thursday.
The S&P/ASX 200 index finished up 0.7 percent, or
34.94 points, at 5,374.5.
Gold stocks rose as much as 6.8 percent to record
their biggest intraday percentage gain since June. Newcrest
Mining jumped 6.9 percent.
Mining giants BHP Billiton Ltd and Rio Tinto Ltd
climbed 2.7 percent and 3.3 percent respectively.
New Zealand's benchmark S&P/NZX 50 index recouped
losses to rise 0.4 percent, or 30.54 points, to 7,311.71.
EBOS Group Ltd was the top percentage gainer on the
benchmark, ending 2.7 percent firmer.
(Reporting by Shashwat Pradhan in Bengaluru; Editing by Sherry