(Updates to close)
MELBOURNE, March 17 (Reuters) - Australian shares rose nearly 1 percent on Thursday, after the U.S. Federal Reserve signalled it would raise rates more slowly than expected this year, which helped drive up gold, metals and oil prices.
The S&P/ASX 200 index (xjo) rose 49.17 points to 5,168.20 at the close of trade.
The mining .AXMJ and energy .AXEJ sectors were the top gainers, up 2.3 percent and 2.8 percent respectively.
New Zealand's benchmark S&P/NZX 50 index (nz50) rose 0.2 percent, or 10.49 points, to finish the session at 6,573.45.
News: XEJ Australia shares finish up 1 pct as miners rally on Fed relief
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Last
8,387.6 |
Change
-526.200(5.90%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,913.8 | 8,913.8 | 8,371.8 |
| XEJ (ASX) Chart |