ASX moves higher as shares bounce back on Wednesday 15 May

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Derek Rose
(Australian Associated Press)

 

The Australian share market has bounced back, recouping some of the losses from the previous day.

The benchmark S&P/ASX200 index closed up 44.3 points, or 0.71 per cent, to 6,284.2 points at 1615 AEST on Wednesday, while the broader All Ordinaries was up 43.7 points, or 0.69 per cent, to 6,370.9.

The Aussie dollar is buying 69.30 US cents, from 69.76 US cents on Tuesday after growth in China’s industrial output slowed more than expected.

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