ASX Bounces Back From Early Losses

ASX Bounces Back From Early Losses
A workman is stumped while he erects the Australian Stock Exchange board in Melbourne, Australia, 28 August 2006. AFP/Getty Images
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The Australian share market has demonstrated its resilience, reversing its early losses of as much as 1.4 percent to finish higher by a similar amount and start the week off on a positive note.

After being down 76.3 points early, the S&P/ASX 200 benchmark index closed Monday up 73.9, or 1.41 percent, at 5,319.8 points, while the All Ordinaries index finished 64.5 points higher, or 1.21 percent, at 5,389.5 points.

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