Australian Market Report of May 5: Hopes for Global Recovery

  Sydney, Australia, May 5, 2009 - (ABN Newswire) - Overnight US stocks rose to four-month highs as the encouraging US home sales data and an upbeat report on Chinese manufacturing raised hopes for a global recovery. The Australian shares posted strong gains yesterday. The benchmark S & amp;P/ASX200 index ended 3% higher, or 113.4 points, at 3883. The broad-market All Ordinaries index was up 2.9%, or 108.1 points, at 3846.  

Sydney

  [ Change ]
 
Today

Possible shower.
Tomorrow

Min: 11°
Max: 19°
Possible shower.
 

Account

Login

To access your account and listings



Remember me
   
   
   
 
 
Find Hunter Valley accommodation online