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AAP

Business

Adrian Black

Banks bolster bourse as Australian shares rebound

United States

The majority of stocks on the ASX are in the green, rebounding strongly from the previous day. (Brendan Esposito/AAP PHOTOS)

Australia's share market has clawed back some losses from its worst session in five months, after wobbles in the bond market eased overnight.

The S&P/ASX200 rose 87.7 points, or one per cent, to 8,826.5, as the broader All Ordinaries gained 81.3 points, or 0.9 per cent, to 9,091.4.

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