Shares gain lost ground

The Advertiser - - BUSINESS -

THE Aus­tralian share mar­ket re­bounded from early losses of al­most 1per cent to close higher for a fourth straight day yes­ter­day.

It marked the lo­cal bourse’s long­est win­ning streak since Fe­bru­ary. The S&P/ASX200 bench­mark in­dex fin­ished the ay up 13.5 points or 0.24 per cent, at 5573 points. The All Or­di­nar­ies in­dex gained 21.3 points, or 0.38 per cent, to 5680.1.

Aus­tralian shares took a hit early after doubts were raised about the early tri­als of a US vac­cine, which had spurred a rally on the share­mar­ket on Tues­day.

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