The market finished in the positive again today, following a strong rebound in banks and resources, led by the strong Wall St performance overnight.
The benchmark S&P/ASX 200 Index is up 69 points or 1.3% at 5470.30 and the All Ordinaries Index is 68 points or 1.2% at 5534.
In New Zealand, the benchmark benchmark Index NZX50 closed 13 points at 3,516.
In New York, the Dow was 60 points up at 12,362 and Nasdaq also up 10 points at 2,286.
The big four banks finished positive, with the Commonwealth Bank gaining 46 cents to $42.04, Westpac Bank lost 5 cents to $22.50, while National Australia Bank gained 15 cents to $28.55 and ANZ rose 31 cents to $20.71.
Oxiana reported record first quarter copper production at its Supon mine in Laos. Its shares were 16 cents up at $3.33.
Woolworths shares have released third quarter results revealing an increase in sales, but provided a cautious outlook. Shares in WOW remain unchanged at $28.70.
United Group said its recently acquired North American business had secured new work worth $US169 million. UGL shares rose 73 cents or 5.9% to $13.08.
