The Australian share market marked its third straight day of gains, with the banks making a run higher and strong commodities prices boosting the big miners.
With resource companies boosting investment in energy and mineral deposits, drilling product-and-service company Boart Longyear is well-placed to benefit for years, analysts say.
Some unloved stocks are now a third of the price that they deserve to be and the sharemarket rout presents bargains for retail investors and corporate predators, analysts say.
Standard & Poors is making changes to its leading market indices, with some major names dropping out of higher indices to be replaced by up and comers.
China's insatiable demand for iron ore has propelled mining entrepreneur Andrew Forrest up the charts to Australia's richest billionaire, usurping James Packer.
The Australian stock market was firmly in the black at noon on the back of third straight day of gains on Wall Street and stronger commodity prices overnight.