Aust stocks extend volatile run in 1.1% rebound

Local market swings into black on US growth hopes, solid performance on Asian markets.

In another wild swing that continues a volatile start to the financial year, the Australian stock market rebounded to sit 1.1% higher after fresh data pointed to a strengthening United States economy, recouping some of the heavy losses in Wednesday trade. 

Materials led the recovery as most markets across Asia posted gains and China's benchmark staged a relief rally.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles