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AAP
AAP
Business
Derek Rose

Australian shares creep higher as oil prices rebound

Oil United States
The energy and financial sectors gained ground amid a shift in market sentiment. (Dan Himbrechts/AAP PHOTOS)

The Australian share market has moved slightly higher, with energy companies leading the way amid a rebound in the price of oil and a shift in sentiment.

The benchmark S&P/ASX200 index on Monday basically reversed Friday's losses, finishing nine points higher at 7,057.4, a gain of 0.13 per cent. The broader All Ordinaries added 7.7 points, or 0.11 per cent, at 7,268.7.

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