Australia Stocks rise, snapping four-session retreat

Australian equity market ended higher for first time in five consecutive sessions on Monday, 08 may 2017, helped by tracking a strong gain on Wall Street last Friday, with shares of the banks, mining and energy companies being major gainers. The S&P/ASX 200 finished up 34.3 points, or 0.6%, at 5870.9. The index dropped 1.5% over the course of last week.

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