Australian shares close up, healthcare bounces; NZ up

INSUBCONTINENT EXCLUSIVE:
Australian shares edged higher on Tuesday as China confirmed it was moving ahead on trade talks with the United States, though the benchmark
inded still held close to two-year lows plumbed in the previous session.The SP/ASX 200 index rose 0.4 per cent or 23.4 points to finish the
day at 5575.90, after Beijing said a road map was discussed with US officials for the next stage of trade talks between the world's top two
economies.Shares in China, Australia's biggest trading partner, made modest gains on the news as markets looked for progress in resolving
the bitter trade dispute.The Australian benchmark had fallen 2.3 per cent on Monday, as investors worried last week's arrest by Canadian
officials of a senior executive of Chinese tech giant Huawei for extradition to the United States could inflame fresh tensions between
Washington and Beijing.Global growth anxiety and slowdown in corporate earnings also undermined Australian shares, which have lost more than
10 per cent so far this quarter, and are on course for their steepest decline since the quarter ending September 2011.On the day, battered
healthcare shares closed 1.6 per cent higher to top index performers.Medical equipment firm Resmed Inc led gainers, hitting a more than
two-month high, after brokerage BMO upgraded the company's NYSE-listed stock and raised target price.The financial index struggled through
the session before ending marginally higher, with the country's 'Big Four' lenders all paring the day's losses to close higher.Meanwhile,
metals and mining stocks put on 0.6 per cent after London base metals recouped some of previous session's losses, lifted by a weaker
dollar.Mining majors BHP Group and Rio Tinto both rose around 1 per cent.