Aussie market bounces 0.5% from seven-month low

Australian share market finished the session modest higher on Tuesday, 30 September 2014, as investors chased for bargain hunting across the board following recent selloff, with banks and financial stocks being major gainers. The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index both rose by 0.5% to 5292.80 and 5296.80, respectively. Turnover was relatively healthy with 1.94 billion shares worth of A$4.75 billion traded today. The market has suffered the worst in September in more than two years, losing almost 6% in value, or A$92 billion.

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