The Australian share market has posted its best performance in four months, renewing hopes that its sharp two-day losing streak only postponed a potential Santa rally rather than cancelled it altogether.
The benchmark S&P/ASX200 index on Monday rose 134.6 points, or 1.67 per cent, to 8,201.6, rebounding from last week's sell-off with its strongest gains since a 1.75 per cent rally on July 31.
