23-08-2016 04:41 via news.yahoo.com

Australia shares gain on strong earnings; NZ hits another record

By Swati Pandey SYDNEY/WELLINGTON(Reuters) - Australian shares climbed 0.8 percent on Tuesday aided by broad-based gains across all sectors as sentiment was buoyed by better-than-feared results from several large companies in the earnings season so far. Banks and healthcare stocks led gains, aided by strong earnings from healthcare services provider Healthscope which posted a nearly 19 percent rise in full year profits. Australian companies have fared well in the current earnings season which is
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