At closing bell, the benchmark S&P/ASX200 was up 13.05 points, or 0.17%, to 7,502.98. The broader All Ordinaries added 12.53 points, or 0.16%, to 7,773.68.
Total 7 of 11 sectors ended higher along with the S&P/ASX 200 Index, with energy was the best performing sector, gaining 2.8%, while consumer staple was the worst performing sector, losing 1.2%.
Energy stocks gained as crude oil prices jumped more than 5% after seven sessions of declines. Origin Energy, Santos and Woodside Petroleum rose over 3% each. Papua New Guinea-focused Oil Search gained 3% after it bounced back to a first-half profit.
Nanosonics shares soared up 21.9% after infection prevention company forecasted double-digit revenue growth in fiscal 2022.
Uniti Group shares climbed up 8.4% after Wireless broadband services reported record revenue and earnings for the year.
Ansell (ANN) shares shed 9.2% on its FY21 results even as revenue lifted 26% to US$2 billion and net profit rose 58% to US$246.7 million. ANN also increased its final dividend but warned that sales could be impacted by supply disruptions in South East Asia in FY22 due to increased COVID-19 cases in the region.
Boral (BLD) dropped 5.5% as the building materials maker is cautious for the upcoming year due to the COVID-19 restrictions and the NSW construction shutdown in July, expected to hit first quarter earnings (EBIT) by $50 million.
CURRENCY NEWS: The Australian dollar changed hands at $0.7227, still off levels above $0.729 seen last week.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content