* Lynas rises on solid Q1 production
* Financials, energy, mining stocks advance
* Healthcare stocks hit by stronger greenback
Oct 21 (Reuters) - Australian shares rose on Wednesday with
banking and mining stocks leading the charge, as hopes that U.S.
lawmakers could clinch a much-sought-after fiscal stimulus
package by the end of the week supported global equity markets.
The S&P/ASX 200 index rose 0.4%, or 21.4 points, to
6,203.50 by 0025 GMT after losing 0.7% in the previous session.
Overnight, U.S. House of Representatives Speaker Nancy
Pelosi expressed hopes of clearing the coronavirus relief
package this week, bringing some stability to markets amid
heightened uncertainty ahead of the presidential election.
Boosting investor sentiment further, a Reuters report said
AstraZeneca Plc's COVID-19 vaccine trial in the United
States was expected to resume as early as this week after the
U.S. drug regulator completed its review of a serious illness in
a study participant.
Australia's financial sub-index rose 0.5%, with the
"Big Four" banks gaining between 0.5% and 1.6%.
Miners added 0.6% with top iron ore producers BHP
Group and Rio Tinto Ltd advancing 0.7% and 1%,
An overnight rebound in oil prices after a four-day slump
buoyed energy stocks, with Papua New Guinea-focussed
explorer Oil Search leading the sub-index higher with a near 3%
Packaging company Orora Ltd was the top percentage
gainer on the benchmark with a 6% rise, after providing an
upbeat trading outlook for its North American business.
Rare-earths producer Lynas Corp was also among the
top boosts as it jumped 3% on reporting higher quarterly output.
Among losers, healthcare stocks slipped 0.9%,
dragged by a weaker greenback as the sector relies heavily on
exports to the United States. CSL Ltd fell 0.3% to be
the biggest drag on the sub-index.
In New Zealand, the benchmark S&P/NZX 50 index
inched 0.1% higher to 12,472. Among the top gainers, logistics
services provider Mainfreight Ltd and utilities
provider Infratil Ltd advanced 2.2% and 1.7%,
(Reporting by Anushka Trivedi in Bengaluru; Editing by