The Australian share market rebounded from two-years low on Tuesday, 25 August 2015, as investors chased for bottom fishing on battered blue chip stocks after a catastrophic day of trading yesterday which saw almost $60 billion wiped off the value of Australian companies. All ASX sectors closed higher, with banks & financials, materials, and industrials stocks were the biggest gainers. The benchmark S&P/ASX 200 index reached a nadir of 4928.3 shortly after opening but then performed, at its peak, an impressive 223-point turnaround - equivalent to a 4.5 per cent intraday rally. The index ended the day up 136 points at 5137.3, a day after suffering the worst day of trading since the global financial crisis. The broader All Ordinaries index closed 130 points, or 2.6 per cent, higher at 5143.8.
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