Message :
Required fields
July 26 (Reuters) - Australian shares hit a fresh high on
Monday as mining stocks jumped more than 1%, while rare earth
producer Lynas hit its highest level since January 2013 after
reporting record quarterly revenue.
The S&P/ASX 200 had risen 0.2% to 7,408.30 points by
1247 GMT, extending gains to a fourth straight session.
Miners led the charge with a more than 1% rise, with
Lynas Rare Earths the biggest winner on the benchmark
index.
Lynas on Monday reported a record fourth-quarter revenue as
robust demand led to a jump in sales of the metals it mines,
offseting weaker prices.
Wall Street indexes gained on Friday, driven by upbeat