The Australian share market closed in the black today on the back of positive overseas leads, stronger commodity prices and continuing improvements in domestic employment data.
The benchmark S&P/ASX200 index was up 79.5 points, or 1.74 per cent, at 4,652.5 points, while the broader All Ordinaries index put on 79.6 points, or 1.73 per cent, to 4,679.3 points.
At 4.36 pm AEST on the Sydney Futures Exchange, the June share price index futures contract was 88 points higher at 4,671 points, on volume of 31,298 contracts.
City Index head of dealing Asia Pacific Michael McCarthy said local shares had recovered all of the dramatic losses of last week and moved higher on solid volumes.
"The strength today is broad based," Mr McCarthy said.
"Most sectors have moved ahead, with medium-sized resource and finance stocks particularly bright."
