Resurgent banks lead bourse back to black after September slump

By Sally Rose
Updated November 1 2014 - 9:13am, first published October 31 2014 - 5:06pm
ANZ CEO Mike Smith at the ANZ Headquarters in Sydney
ANZ CEO Mike Smith at the ANZ Headquarters in Sydney
ANZ CEO Mike Smith at the ANZ Headquarters in Sydney
ANZ CEO Mike Smith at the ANZ Headquarters in Sydney
ANZ CEO Mike Smith at the ANZ Headquarters in Sydney
ANZ CEO Mike Smith at the ANZ Headquarters in Sydney
ANZ CEO Mike Smith at the ANZ Headquarters in Sydney
ANZ CEO Mike Smith at the ANZ Headquarters in Sydney

In a dramatic turnaround, the Australian sharemarket has posted a gain for October, led by the banks, and is now 3.4 per cent ahead for the year.

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