21.   Whether the central bank raises rates or holds them steady, the decision could lead to a market recovery, Galvin said.

22.   He said rotational plays continued, with the construction sector outperforming on hopes for a real estate market recovery.

23.   However, CSR managing director Geoff Kells said the outlook was now more favourable with a modest market recovery expected in Australian building and construction activity.

24.   However, managing director Geoff Kells said the outlook was now more favourable with a modest market recovery expected in Australian building and construction activity.

25.   Another Western broker said another rumour being spread in the afternoon about the death of Chen Yun, a conservative who favours central planning, aided the market recovery.

26.   Once again, analysts are betting on a market recovery for the year ahead.

27.   Steelmakers gained ground on expectations of a global steel market recovery.

28.   The construction sector led the market higher on continuing hopes for a real estate market recovery and the financial sector benefited from late bargain-hunting, they said.