Australia shares bounce as investors swoop on bargains after months of falls

May 21, 2015 6:35 AM

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SYDNEY May 21 (Reuters) - Australian shares rose the most in a month on Thursday, defying falls in overseas commodities and equities markets, as investors took advantage of buying opportunities following months of heavy selling.

Global building materials maker James Hardie Industries also helped boost the broader market, gaining 10 percent after it reported annual net profit nearly tripled.

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