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ASX bounces higher after last week’s slump, utilities the best performer – NEWS.com.au

ASX bounces higher after last week’s slump, utilities the best performer

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The Australian sharemarket bounced higher after last weeks roughly 3 per cent fall, which was the worst since April, with the utilities sector the best performer.The S&P/ASX200 closed 0.3 per cent firmer at 5951 while the All Ordinaries Index added 0.2 per cent to 6147.
CommSec analyst James Tao said the market seesawed in unconvincing trading as investors mulled over the close call that is the US Presidential election, with results to start flowing on Wednesday morning Australian time.
That left…

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