Aussie market bounces after Fed minutes

Australian share market rebounded sharply from eight-month low on Thursday, 09 October 2014, amid bottom fishing across the board, led by financial and materials players after minutes from the US Federal Reserve meeting dampened expectations for an earlier-than-expected interest rate hike. The benchmark S&P/ASX 200 Index gained 55.40 points to 5296.70 and the broader All Ordinaries Index jumped 51.70 points to 5293.30. Turnover was relatively healthy with 1.86 billion shares worth of A$4.28 billion traded today.

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