Aussie Shares Rally After Early Panic

A visitor to the Australian Securities Exchange (ASX) looks at share prices on a big screen in Sydney on Oct. 11, 2018. Peter Parks/AFP via Getty Images

Australia’s turbulent stock market has rebounded, finishing more than three percent higher in a dramatic recovery from early panic selling.

The benchmark S&P/ASX200 index closed up 179 points, or 3.11 percent, at 5,939.6 points - despite plunging 3.8 percent just after it opened.