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Resources leads Australia market rebound

Capital Market 

Australian share market closed higher on Tuesday, 18 October 2016, with materials and resources stocks leading rally on the back of positive commodity prices. At the closing bell, the benchmark S&P/ASX 200 index advanced 22.10 points, or 0.41%, to 5,410.80, while the broader All Ordinaries index was up 21.10 points, or 0.39%, to 5,492.

Rising stocks outnumbered declining ones on the Stock Exchange by 546 to 503 and 308 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 4.11% to 14.002

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

First Published: Tue, October 18 2016. 15:51 IST