ASX index bounces 0.6% from one-month low

The Australian share market rebounded 0.6% from one-month low on Monday, 10 August 2015, as investors chased for bargain buying across the board. Most ASX sectors were higher at the close, with shares of banks and financials leading the Monday's gains after sparking last week's sell-off. Consumer discretionary stocks improved following a strong result from JB Hi-Fi (JBH), while the healthcare sector was weighed down by a sharp decline in Ansell (ANN). The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index both advanced by 0.6% to 509.20 points and 5504.90 points, respectively. Last week, the benchmark index declined 3.9%. Market interest was around average levels with 1.6 billion transactions valued a little over $5 billion. 458 shares ended higher, compared to 486 names which ended lower and 356 which were unchanged.

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