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AAP
AAP
Business
Adrian Black

Australian shares bounce on talk of Iran war slowdown

Australians stocks enjoyed a modest bounce after big falls due to the Middle East conflict. (Dean Lewins/AAP PHOTOS)

Australian shares have rebounded to snap two-session losing streak, as dip-buying investors sought bargains after more than $60 billion was wiped from the bourse during the previous day's trading.

The S&P/ASX200 gained 39.1 points on Thursday, up 0.44 per cent, to 8,940.3, as the broader All Ordinaries rose 47.8 points, or 0.52 per cent, to 9,164.9.

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