ASX suffers worst month since global financial crisis

By Stephen Cauchi
Updated August 31 2015 - 6:08pm, first published 6:05pm
Another strong day of trading in China and an impressive bounce in oil prices on Thursday night helped the ASX end Friday higher. Photo: Andrew Quilty
Another strong day of trading in China and an impressive bounce in oil prices on Thursday night helped the ASX end Friday higher. Photo: Andrew Quilty

Another session of hefty losses meant the local sharemarket posted its worst monthly performance in nearly seven years as concerns over China's growth and the timing of the next interest rate rise in the United States continued to weigh on investors' minds.

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