Australian Market Report of January 19: Upbeat Mood on Banks

  Sydney, Australia, Jan 19, 2010 - (ABN Newswire) - The Australian share market shrugged off the concerns over US investment bank JPMorgan and closed slightly higher on Monday. Australian banks rose as the upbeat mood continued in this session after Commonwealth Bank's profit upgrade on Friday. The benchmark S & amp;P/ASX200 index advanced 11.5 points, or 0.23 per cent, to 4,911.1 points, while the broader All Ordinaries index gained 6.  

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