Australia shares rise 2 pct on Fed cut
SYDNEY, Dec 17 (Reuters) - Australian stocks rose 2 percent
on Wednesday, boosted by banks and global companies such as the
major miners, after the U.S. Federal Reserve cut rates to
stimulate growth.
The benchmark S&P/ASX 200 index was up 72.1 points at
3,628.3 by 2315 GMT.
($1=A$1.44)
((denny.thomas@reuters.com; +61 2 9373 1812; Reuters Messaging:
denny.thomas.reuters.com@reuters.net))
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