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Australia stocks recoup 0.65%

Australia stocks recoup 0.65%

CANBERRA: Australian equity market finished session higher on Monday, 14 August 2017, as investors chased for bottom fishing after benchmark index closed near 3-week low in the previous session. Meanwhile, gain in base metal prices and broadly optimistic earnings from Bendigo and Adelaide Bank and Carsales.Com also propelled stocks buying. At the close, the S&P/ASX 200 index rose 0.65%, or 37.26 points, to 5,730.40, while the broader All Ordinaries index also closed up 0.61%, or 35.08 points at 5778.60.