Australia's Share Market Bounces Back, But What Does It Mean for Investors? Last week was one for the books in Australian finance circles, with the share market ending a volatile five day stretch on a positive note.
The S&P/ASX200 rose 0. 6 percent to close at 9092. 3, but investors should temper their enthusiasm with caution.
The modest gain was largely driven by resources stocks, which benefited from strong commodity prices and solid earnings reports from Coles and Woolworths in the consumer staples sector.