This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-35158369
The article has changed 3 times. There is an RSS feed of changes available.
| Version 1 | Version 2 |
|---|---|
| Australian shares up as iron ore price rises | Australian shares up as iron ore price rises |
| (about 2 hours later) | |
| Shares in Australia were higher on Wednesday, boosted by resource-related stocks and after a rise in US stocks. | Shares in Australia were higher on Wednesday, boosted by resource-related stocks and after a rise in US stocks. |
| Sydney's benchmark S&P/ASX 200 closed up 0.5% at 5,141.78, marking its sixth straight day of gains. | |
| An increase in the price of iron ore, Australia's biggest export, helped the index, together with a slight rise in the price of oil. | An increase in the price of iron ore, Australia's biggest export, helped the index, together with a slight rise in the price of oil. |
| Shares in mining giant BHP Billiton rose 3.45%, Rio Tinto closed up 4.2%, while Fortescue Metals gained 2.9%. | Shares in mining giant BHP Billiton rose 3.45%, Rio Tinto closed up 4.2%, while Fortescue Metals gained 2.9%. |
| Shares in Atlas Iron finished the trading day up nearly 6% on news of the firm's plans to restructure its debt. | Shares in Atlas Iron finished the trading day up nearly 6% on news of the firm's plans to restructure its debt. |
| In China, the Shanghai Composite closed down 0.4% at 3,636.09, while Hong Kong's Hang Seng rose by nearly 1% to 22,040.59. | |
| South Korea's benchmark Kospi index closed up 0.33% at 1,999.22, although at one point it had risen above the 2,000 mark for the first time in three weeks. | South Korea's benchmark Kospi index closed up 0.33% at 1,999.22, although at one point it had risen above the 2,000 mark for the first time in three weeks. |
| Japan's stock market is closed for a public holiday. | Japan's stock market is closed for a public holiday. |