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Australia Stocks edge up at close

Capital Market 

Australian ended edge higher on Monday, 15 May 2017, as risk sentiment supported by bargain hunting in top lenders after last week's heavy selling due to the federal government proposal a new levy on their liabilities. Meanwhile, rise in energy companies with a jump in oil prices also helped lift the market. The S&P/ASX 200 ticked up 1.5 points to 5838.4.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 15 2017. 17:38 IST