SYDNEY, Feb 25: Australian shares rose 0.8 percent on Monday, ending off their highs after a survey showed a pull-back in China’s factory activity, but strong financial and retail stocks kept the index near a 4-1/2 year peak hit last week.
The benchmark S&P/ASX 200 index gained 37.7 points to 5,055.8, according to the latest data. The index rose 0.8 percent on Friday, but lost 0.3 percent last week.
New Zealand’s benchmark NZX 50 index rose 0.3 percent to 4,226.4.
(AGENCIES)
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