SYDNEY, Feb 13: Australian shares surged to a near seven-year peak on Friday as firmer commodity prices and news of a ceasefire in Ukraine bolstered risk appetite. The S&P/ASX 200 index rose 2.3 percent or 133.9 points to 5,877.5. It went as far as 5,893.5, its highest since May 2008 and putting it on track for a 1 percent weekly gain. New Zealand’s benchmark NZX 50 index rose 0.6 percent or 37.2 points to finish at 5,786.54.
(AGENCIES)
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