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Australia stocks bounce on bottom fishing

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Capital Market
The Australian share market rebounded strongly on Tuesday, 07 July 2015, as investors chased for bottom fishing after two straight sessions of heavy falls in the fallout from the Greek debt situation. All ASX sectorial indices closed higher, with shares of financial, industrial, consumer discretionary and consumer staple companies being top gainers. The benchmark S&P/ASX 200 Index rebounded 106.40 points, or 1.94%, to 5581.40 points, while the broader All Ordinaries Index bounced 100.70 points, or 1.84%, 5564 points.

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First Published: Jul 07 2015 | 4:07 PM IST

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