Banks Give Aussie Shares a Bounce to End Run of Losses

Banks give Aussie shares a bounce to end run of losses

The Australian share market has managed to avoid a third straight day of losses thanks to a bounce from the banking sector.

Lunch Wrap: ASX claws back losses after a wild early downhill run

ASX rises from lows of -0.76% to just about even Financials, healthcare offer some resistance Broad pull back with 9 of 11 sectors lower   The S&P/ASX 200 has clawed back most of this morning’s losses and is sitting just below flat as of 12.30pm AEST. The benchmark has recovered from session lows of 0.76% to trade down just 0.1%, although nine of 11 sectors remain in the red. Just financials and healthcare are bumping along in positive territory…

ASX closes higher as banks bounce; NAB jumps 3.8%

The Australian sharemarket has managed to avoid a third straight day of losses thanks to a bounce from the banking sector.