Banks, mining stocks lift Australian shares higher


FILE PHOTO: A board displaying stock prices is adorned with the Australian Securities Exchange (ASX) logo in central Sydney, Australia, February 13, 2018. Picture taken February 13, 2018. REUTERS/David Gray/File Photo

AUSTRALIAN shares advanced on Wednesday, led by financials and mining stocks that tracked a hike in commodity prices, as demand prospects improved in top consumer China.

The S&P/ASX 200 index rose 0.3% to 7,872 by 0051 GMT. The benchmark fell 0.2% on Tuesday.

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