US rally brings out ASX bulls

By Stephen Cauchi
Updated May 25 2016 - 6:13pm, first published 5:08pm
The benchmark S&P/ASX200 added 1.4 per cent to 5372.5, while the broader All Ordinaries lifted 1.4 per cent to 5436.8. Photo: Andrew Quilty
The benchmark S&P/ASX200 added 1.4 per cent to 5372.5, while the broader All Ordinaries lifted 1.4 per cent to 5436.8. Photo: Andrew Quilty

Australian shares enjoyed a bumper session on Wednesday after a strong overnight rally on Wall Street and a pick-up in iron ore and oil prices.