From The Sydney Morning Herald:
In a remarkable day, described by one of Australia's biggest options traders as "bedlam", Australian shares have closed at their highest level in three months. A technical glitch just minutes after the market opened at 10am AEDT stopped all trade until 2pm, leaving investors unable to respond to the deal reached in Europe to solve the continent's debt crisis.
Read more: http://www.smh.com.au/business/markets/markets-live-shares-soar-despite-bedlam-20111027-1mkuj.html#ixzz1bxmdeFNB
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