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Tuesday, 08 September 2015 11:34
SYDNEY: Australian shares bounced off two-week lows on Tuesday as rising United States index futures firmed, while Woodside Petroleum $ 8 billion takeover approach for Oil Search boosted confidence in energy stocks.
The S&P/ASX 200 index gained 84.8 points to 5,115.2 at the close of trade. It jumped 1.7 percent, the biggest daily gain in two weeks. The benchmark eased 0.2 percent on day.
New Zealand’s benchmark NZX 50 index edged up 0.7 percent or 37.58 points to finish the session at 5,610.31.
