The Australian share market is lower in early trade, as investors remain uncertain amid volatile markets after stocks slid in China but rose on Wall Street overnight.
The Australian share market has closed nearly 1 per cent higher, boosted by bargain hunters, stronger regional markets, a lift in the iron ore price and some encouraging corporate earnings reports.
The Australian share market has clawed back some of its recent losses, ending the session 1 per cent higher as investors flocked to defensive stocks after a mixed bag of company earnings results.
Renewed fears about slowing global growth have wiped $47 billion off the value of the Australian share market, which suffered its biggest fall in more than four months.
The Australian share market has opened more than 1.5 per cent lower following sharp overnight falls in New York as investors fret over global economic growth prospects.
The Australian share market finished the trading day slightly lower, as falls in financial and retail stocks were partly offset by gains by the big miners.
The Australian share market has closed around 2 per cent higher in the wake of a strong rise in oil prices and the hope that weak US economic data will slow the pace of interest rate hikes in the US.