The local market has closed higher after recovering from sharp dips in early trade.
By the bell the benchmark S&P/ASX200 index was 9.2 points higher at 5,458.1, while the All Ordinaries index was up 8.4 points at 5,438.8
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
• TWE TREASURY WINE ESTATES +6.51%
• TSE TRANSFIELD SERVICES +5%
• PRY PRIMARY HEALTH CARE +3.74%
• REA REA GROUP +3.41%
• MRM MERMAID MARINE AUSTRALIA +3.29%
Top 5 Losers:
• PDN PALADIN ENERGY -5.56%
• EVN EVOLUTION MINING -4.71%
• ACR ACRUX -4.37%
• SIR SIRIUS RESOURCES NL -4.14%
• PMV PREMIER INVESTMENTS -3.74%