Australia Market climbs on strong offshore lead

The Australian share market advanced for second day in row on Thursday, 19 November 2015, as risk sentiments boosted up on back of some soothing words from the US Federal Reserve, renewed takeover activity and strength in the iron ore price. All sectors of the market recorded strong gains with grocery, energy and mining stocks faring the best. The benchmark S&P/ASX 200 index ended 109.50 points, or 2.13%, higher at 5242.60 points, while the broader All Ordinaries index climbed up 104.20 points, or 2.01%, to 5293.30 points.

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