Australia's ASX 200 closes 4.4% higher in huge market turnaround today

The index was down by over 8% earlier today

ASX

10% gains in 90 minutes is nothing short of impressive. But in the context of the week, this is merely a consolation after the beatdown suffered over the last few days.

Despite 4.4% gains today, the ASX 200 ends the week lower by 10.8%. Remember, in volatile markets, the battle is done over the course of many days and not just one.

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