Closing Bell 26th July: Min Res rallies after good production numbers. ASX rebounds after sell offs
The Australian sharemarket advanced at midday, recovering some earlier losses. The S&P/ASX 200 Index rose 0.9%, or 69.4 points, to 7930.6, with nine of the 11 sectors trading in the green. The Australian dollar steadied at US65.5¢ after a week of selling.