Australia Market bounces 1.6%

Australian share market ended sharply higher on Wednesday, 13 April 2016, boosted by advances in the heavily-weighted financials, energy and materials subindexes, thanks to positive China trade data and firm oil prices. At close of trade, the benchmark S&P/ASX 200 advanced 79.10 points, or 1.59%, to 5054.70. The broader All Ordinaries added 73.50 points, or 1.45%, to 5127.20.

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