By New Zealand Herald,
November 16, 2009 at 6:26 AM
SYDNEY - The Australian sharemarket opened 0.8 per cent higher in a broad-based rally on Monday after US stocks and metals prices gained on Friday. At 1011 AEDT, the benchmark S&P/ASX200 index was up 37.8 points, or 0.8 per cent, at 4,744.2 while the