Australian Market Report of September 9: Stronger Commodities Prices

  Sydney, Australia, Sep 9, 2009 - (ABN Newswire) - US stocks rose overnight as commodities prices jumped. Kraft Foods' US & #36;16.7 billion takeover bid for Cadbury boosted the market confidence on a rebound in merger and acquisition activities, despite Kraft's offer was rejected. The Australian share market posted a solid gain yesterday to an 11-month high, dragged by the stronger gold prices. The benchmark S & amp;P/ASX200 index surged 69.  

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