Heraldsun
:
THE Australian share market gained almost two per cent as investors remained optimistic European leaders were approaching a resolution of the Eurozone debt crisis.
The local bourse opened almost two per cent higher after strong leads from US and European markets.
Commsec market analysts Steven Daghlian said investors - even in the US - were turning their focus to the European debt crisis, with confidence kept afloat by comments from French and German leaders on Wednesday that they were determined to keep debt-ridden Greece in the Eurozone.
Shares gained little in the afternoon, after the morning's gains, and closed about ten points off their highest levels in intra-day trading.
